The Iveagh name is to vanish from the investment world in the near future after the group agreed a deal with City Financial which will see the latter buy its fund range this year.
Vanguard Asset Management is lowering charges on a number of its LifeStrategy funds as the price was in passive investment continues to heat up.
Polar Capital has more than doubled its assets under management year-on-year, driven primarily by inflows into its Japanese products.
FOUR Capital Partners has soft-launched a European equity long/short fund after Sanlam provided seed capital for the portfolio.
iShares has launched three ultra-short bond ETFs and two short duration bond ETFs as investors seek out new ways to protect themselves if interest rates start to rise.
Neuberger Berman is to launch a manager of managers absolute return vehicle as discretionary fund managers look to re-enter the space for the first time since the financial crisis.
Ignis Asset Management has launched the Luxembourg-domiciled Ignis Global Macro Government Bond Fund for Russ Oxley, head of rates.