Some of the UK's largest fund houses are shifting focus to concentrate on ongoing charges after Invesco Perpetual became the first group to ditch annual management charges (AMCs) altogether.
BlackRock has appointed Rachel Lord from Citigroup as new head of iShares in Europe, the Middle East and Africa (EMEA) to replace Joe Linhares as he returns to the US.
Fixed income boutique MacKay Shields has hired Matthew Nagele, previously at Janus Capital Group, as head of distribution for UK and EMEA.
BlackRock's ETF platform iShares has appointed Tom Fekete from Barclays Wealth as head of product development in Europe, Middle East and Africa (EMEA).
Justin Wells, manager of the UBS Emerging Markets Equity Income fund, reveals where he is finding the best income opportunities across emerging markets.