Morningstar

STRAT BONDS

Duncan Goodwin, manager of the Martin Currie Global Resources fund, is to leave the firm at the end of the year.

J.P. Morgan Asset Management (JPMAM) has hired the head of Bank of America Merrill Lynch's global equity sales desk as co-manager on its £86m Global Equity Income fund.

Miton's Martin Gray said he has struggled to find value anywhere in the market in recent months, with his funds taking a performance hit as a result of his defensive positions.

THE BIG QUESTION

The £5.3bn Findlay Park American fund is set to cut performance and exit fees as it shifts to a total return benchmark index.

THE BIG INTERVIEW

Price falls create attractive entry point into lesser-known bonds.

PSigma Investment Management CIO Tom Becket has sold out of the £11bn Invesco Perpetual Income fund after ten years following news of manager Neil Woodford's departure.

Invesco Perpetual is to change the name of Paul Causer and Paul Read's top-performing European High Yield bond fund to better reflect its global investment approach.