Skandia is poised to shake up the managed portfolio market with its suite of cut-price model funds, as the first look at WealthSelect reveals half the restricted range is priced at less than 60bps.
Value is drying up among the largest investment trusts in the market, with discounts shrinking as buyers favour more liquid products.
BlackRock has hired Helen Zhu from Goldman Sachs as head of China equities for Andrew Swan's team.
Multi-asset managers are using setbacks such as that caused last week by unrest in Ukraine to increase their exposure to buoyant markets.
BlackRock's head of sterling bond portfolios, Ian Winship, has identified four main areas of concern for fixed income investors this year, and revealed ways they can negate the impact of any downturn.
Fund buyers are increasing their exposure to absolute return equity funds to take advantage of sharp falls by companies which miss earnings estimates.
Richard Plackett is to take a six-month sabbatical from BlackRock, handing his portfolios to other members of the team.