fund managers

The Financial Conduct Authority is to launch an investigation in to 30 million insurance policies sold across three decades, looking for signs they were "unfair" to customers, according to reports.

ING Investment Management plans to launch two funds in April in order to give UK and European investors broader access to its debt strategies.

Nikko Asset Management has appointed a global head of multi-asset in a bid to speed up the product development process.

Henderson Global Investors has promoted two members of its retail fixed income team to manage bond funds alongside John Pattullo and Jenna Barnard.

EU policymakers have agreed a deal on pay in the asset management industry which includes a requirement that fund managers be paid half of any bonuses in units of their own funds.

Brown Shipley has promoted Kevin Doran to chief investment officer after Peter Botham moved across to a new role focusing on the company's IFA business.

Franklin Templeton has launched a short duration bond fund for European fixed income head David Zahn.

Smith & Williamson and Pictet Asset Management are both to cut annual management charges (AMCs) on a variety of funds as part of an overhaul of clean pricing strategies.

Henderson Strategic Bond fund manager John Pattullo has moved aggressively in to gilts in a bid to hedge against a worldwide deflationary shock caused by the chaos in emerging markets.

Clients saving more for retirement will cause global assets under management to soar by 2020, PwC has predicted.