2011 has been a year when some of the most popular emerging market managers paid the price for the breakneck growth of recent years, with investors fleeing to safe havens as equities tanked amid the eurozone debt crisis.
Former New Star head of fixed income Theo Zemek today told of the "appalling" atmosphere at New Star, under former CEO John Duffield.
Patrick Evershed's case against former employers New Star took another turn today after it was revealed he signed an agreement to keep his fund open despite its increase in size.
The IMA is consulting on scrapping current labels for the Managed sectors in favour of more simplified A, B, C, D categorisation.
UK Mid Cap manager prevails through tough headwinds, steering fund to top of charts.
AXA Wealth's net new business rose 18% to £1.1bn for the first half of 2011, with the group benefitting from last year's strategic review which lead to a focus on this part of the business.
AXA Investment Managers has hired a portfolio manager for its Healthcare fund to strengthen the team following a spate of departures.
Architas, the multi-manager arm of AXA, has launched three multi-asset funds of funds investing in passive strategies for Steve Allen, an investment analyst at the firm.
An imminent interest rate hike would be the ultimate policy error by the Monetary Policy Committee, which should not raise rates before Q4 if inflation is still high, says Caspar Rock at Architas.
Syz & Co, a Swiss banking group, is bringing 10 funds to the UK retail market including its flagship European offering run by former AXA manager Eric Bendahan.