Multi-asset managers have been hiking their cash weightings after a rocky start to the year for global equity markets.
After a year of stellar returns from Japan, investors are concerned the Japanese equity funds that beat competitors in 2013 will not be able to deliver again this year.
Old Mutual Global Investors (OMGI) is exploring ways to capitalise on new manager Richard Buxton's popularity, including running segregated mandates and potentially launching an investment trust.
Old Mutual Global Investors' Richard Buxton has told Investment Week his move from Schroders to his new firm is his last in fund management.
Since Federal Reserve chair Ben Bernanke first raised the prospect of tapering on 22 May, bond funds have endured a torrid run, but some have coped much better than others.
Old Mutual Global Investors is to launch a multi-asset range, offering a range of risk and return profiles, in February next year.
Old Mutual Global Investors has moved Simon Murphy's £40m UK Opportunities fund to the IMA Targeted Absolute Return sector after merging its offshore and onshore versions.