Standard Life Investments is looking to combine its global equity and small cap capabilities by launching a global small-cap fund for star manager Harry Nimmo.
Politicians and traders have cut short their holidays to address the sharp falls in markets seen since the start of the month - but should they have stayed on the beach?
GMO's Jeremy Grantham has said the S&P 500 is still heavily overvalued, and "worth no more than 950".
The FTSE dropped more than 3% in early trading on Friday, following US and Asian markets sharply lower as the global sell-off continues.
Threadneedle's Stephen Thornber is looking to the commodities sector for special dividend payouts as he prepares to cut certain income payers in his quarterly portfolio review.
JP Morgan has launched a global equity absolute return fund for ex-Schroders manager Gary Clarke.
The Bank for International Settlements (BIS) has warned low interest rates across the globe are a threat to world financial stability.
Alliance Trust has appointed Ilario Di Bon, former manager of the Fidelity Global Opportunities fund, as its global head of equities.
The Manager of the £135m Rathbone Global Opportunities fund, James Thomson, reveals his top five growth stocks to buy when markets fall.
Multi-managers at OPM Fund Management are targeting funds in emerging markets and energy sectors in the recently-launched Worldwide Opportunities fund.