Standard Life Investments' Ed Legget is to join Artemis ahead of the planned retirement of the group's Tim Steer, Investment Week can reveal.
Almost one fifth of investment trusts have changed managers in the last 18 months as a result of retirements, departures and greater board scrutiny, according to the Association of Investment Companies (AIC).
The curious case of the EM bond proxies
Artemis' Mark Tyndall is stepping aside from his post as senior partner, moving into a non-executive role on 31 December 2015, as John Dodd becomes the group's chairman.
Artemis is to soft launch its first fund focusing on emerging market equities next month as it extends its SmartGARP range.
Lloyds Banking Group is finally beginning to look attractive again for income managers as it restarts dividend payments for the first time since the crisis.
‘No-names’ like we were might struggle today
How MyFolio has coped with market volatility