Majedie Asset Management has hired former Baillie Gifford fund manager Tom Record to lead the development of a long-only global equity offering.
J.P. Morgan Asset Management (JPMAM) has hired the head of Bank of America Merrill Lynch's global equity sales desk as co-manager on its £86m Global Equity Income fund.
Leading investment trusts are racing to scrap performance fees as the move to clean pricing in the open-ended space puts pressure on charges.
The return of Japan's Prime Minister Shinzo Abe has boosted the country's stock market and lifted inflation, but which managers have benefited most so far, and which have lagged behind?
Fixed income investors have overlooked the opportunities in the fledgling technology bond market, according to Baillie Gifford's Torcail Stewart.
Andrew Bell, chairman of the Association of Investment Companies (AIC), has warned many boards have not moved quickly enough to reduce charges on their investment trusts.