Former BlackRock fund manager Mark Lyttleton was arrested last month on suspicion of insider trading, according to reports.
M&G has lost its number one spot at the top of the widely followed Pridham report, after sales at rivals BlackRock and Standard Life surpassed the Prudential-owned asset manager.
The Association of Investment Companies (AIC) has named the top 20 performing and most consistent investment companies over the past decade.
Darwin Investment Managers has launched a model portfolio service comprising three funds managed by multi-asset veteran David Jane.
Investors are boosting exposure to exchange-traded products (ETPs) in their multi-asset portfolios, driving assets under management in the vehicles to new highs.
BlackRock has joined a growing list of fund groups to reject calls for a ‘super clean' share class, instead favouring a single stripped-down class to avoid adviser confusion.
The recent gold price volatility could plague investors for some time, and further selling is also a risk, according to BlackRock's natural resources head Evy Hambro.
BlackRock has lifted its stake in Hargreaves Lansdown to over 5% as it backs the platform's share price to continue its meteoric rise.
BlackRock's Nick McLeod-Clark has stepped down from running the firm's £698m UK Income fund to take an extended period of leave to recover from poor health.