Former F&C marketing head Tracy Fennell has joined Royal London Asset Management (RLAM).
F&C has launched a global real estate securities fund, managed by Alban Lhonneur and Marcus Phayre-Mudge.
Potential interest rate rise in 2014 could prompt flight from fixed income into commercial property.
Wealth managers continue to hold UK small-cap funds instead of taking profits and rotating into the larger end of the market, predicting a rise in M&A activity will boost the sector.
F&C has hired Sarasin's Robert Thorpe as head of consumer.
F&C Investments is planning to launch a fifth fund in Gary Potter and Rob Burdett's risk-targeted Lifestyle range.
F&C saw its assets under management decline by £2.2bn to £90.1bn in the third quarter, despite a further climb in retail inflows, the group revealed today.