BlackRock

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

BlackRock has launched its first UK domiciled fund investing in Asian equities for manager Andrew Swan, head of its Asian fundamental equities team.

Blackrock has completed the purchase of Credit Suisse's ETF business as part of an expansion into the Swiss market.

The Investment Management Association (IMA) has begun publicly revealing Targeted Absolute Return funds' rolling 12-month performance as part of a tightening of requirements, following widespread criticism of the sector.

Former BlackRock head of UK retail Mark Elliott is to join Franklin Templeton as the latter reorganises its UK sales team.

ENERGY

SPECIAL REPORT

Richard Plackett has bought back into UK banks for the first time since the financial crisis in his BlackRock UK Special Situations fund as the sector begins to show signs of improvement.

Some of the UK's largest fund houses are considering launching retail share classes with a 0% AMC rather than provide platforms with ‘super clean' alternatives.

Mirabaud Asset Management has poached AXA Investment Management's Anu Narula to run a new global equity portfolio.