Ashcourt Rowan Asset Management is to buy the assets of Generali Portfolio Management (UK) and take on its team of seven employees.
The £836m Absolute Insight UK Equity Market Neutral fund is revamping its investment policy to switch from a UK-centric to a global investment focus.
The AIM universe opened up to a wider audience this week as rules came in to force allowing these stocks to be included in ISAs. But which ones offer the most exciting opportunities?
Prudential has appointed John Foley to the newly created role of group investment director in a bid to strengthen the oversight of its financial investments.
Firms are not expecting a return to the "equity culture" seen in the 1990s, according to new research conducted by the Investment Management Association (IMA).
Chris Crawford, sales and marketing director at Jupiter, is to depart after seven years at the fund manager.
Richard Buxton's Old Mutual UK Alpha fund has passed the £500m AUM mark, having grown at a rate of £100m a month since he joined the firm in June.
Deutsche Asset & Wealth Management has named Jonathan Kent as head of financial intermediaries distribution for the UK and Ireland.
Mirabaud Asset Management's global equities manager Anu Narula has outlined his three best themes to plug into global growth and the economic recovery.
The majority of advisers are positive on the impact the retail distribution review (RDR) will have on consumer confidence, while many have said there are signs it has already started to improve.