An investor survey conducted by Legg Mason has revealed only 15% of UK investors are looking to buy a multi-asset fund upon retirement.
Wealth managers are reducing their exposure to hedged share classes in their Japanese fund holdings, in the belief that further yen depreciation now looks less likely.
Legg Mason's chief executive Joe Sullivan has revealed the firm is in acquisition talks with two businesses, while it is also looking to develop its ETF capabilities.
What are the prospects for the eurozone in 2015?
RIT Capital Partners, the £2.3bn investment trust chaired by Lord Rothschild, is to acquire GVO Investment Management - formerly known as SVG Investment Managers.
A fresh flight to safety will ensure government bond yields break through "crazy" record lows again in 2015, Brandywine bond manager Regina Borromeo has said.
Why we are dipping our toes back into EMs
The high yield bond sector saw its worst third quarter for three years, but the sharp falls are a good entry point for investors, according to Legg Mason affiliate Western Asset.