Just 2.05% of funds achieved top quartile returns over the three years to Q2 2013, down from 4.56% from Q1, according to new research.
J O Hambro Investment Management (JOHIM) is considering a name change, which would honour its co-founder, Richard Hambro.
The Bank of England (BoE) has named Sir John Cunliffe, currently the UK Permanent Representative to the European Union, as deputy governor for financial stability, replacing Paul Tucker.
Industry veteran and chief executive officer of Integral Asset Management (IAM), Nick Dewhirst, has died.
Sales of Junior ISAs (JISAs) soared in 2012-13, government figures show.
Emerging markets have had a torrid summer, as the threat of a slowdown in China and the possibility of QE tapering in the US weighed heavy on investor sentiment.
Elena Shaftan, manager of the Jupiter Emerging European Opportunities fund, reports on her findings from a recent research trip to Russia.
The Nikkei tumbled 3% on Friday to touch its lowest level for almost three weeks as the yen strengthened against the dollar.
The death of blockbuster pharmaceutical companies has been greatly exaggerated by a market that is too focused on '0-60' stocks, according to Liontrust's Julian Fosh.
Charles Stanley has reported a jump in revenue over the first quarter of its financial year, pointing to growing FUM and increased investor confidence.