fund managers

There is an unsaid adage in fund management about 'grey hair' and 'scars', which means up and coming talent in the industry can be overlooked in favour of those with a decade or two of investment experience under their belt.

Rising stars of the industry

Delegates at Investment Week's recent Bond Briefing gave their views on duration positioning, convertibles and the insurance sector.

FMYA: Highlights from the night

In pictures: Fund Manager of the Year

Investment Week celebrated the 20th anniversary of its flagship Fund Manager of the Year Awards at a glittering ceremony at the Royal Albert Hall last night.

Almost one fifth of investment trusts have changed managers in the last 18 months as a result of retirements, departures and greater board scrutiny, according to the Association of Investment Companies (AIC).

Some of the UK's largest asset management firms are preparing to quit their London bases if the country votes to leave the European Union, according to reports.

The Upper Tribunal has upheld a Financial Conduct Authority decision to fine a fund manager £89,000 for not doing more to prevent a client from committing market abuse.

"Yes, I am a millionaire," a fund manager told me recently. He wasn't boasting, he wasn't showing off, and he is hardly what you would call the unacceptable face of capitalism.