Exchange Traded Product flows reached their highest monthly level in almost four years in September as investors piled into passives.
One could be forgiven for feeling slightly more optimistic about the future of the investment trust sector after a number of key corporate battles in recent months.
BlackRock's absolute return manager Mark Lyttleton is due to return to his post next week after an extended break from the industry.
The Financial Services Authority has fined BlackRock Investment Management (UK) Limited (BIM) £9.5m for client money breaches.
Scottish Widows Investment Partnership has hired BlackRock's Calum Smith to the newly-created role of head of global aggregate in its fixed income team.
Jupiter has hired Maarten Slendebroek from BlackRock as an executive director, to spearhead the group's distribution strategy as the business gears up for the post RDR-world.
BlackRock's ETF arm iShares plans to hire at least six people for its UK-based business to prepare for RDR next January.