Gartmore saw outflows of £1.2bn in the three months prior to the completion of its takeover by Henderson, the new owner revealed today.
London's leading share index dropped below the 6,000 mark this morning as BP and Vodafone sold off parts of their asset base.
Heather Manners has soft-launched an Asian Equity Income fund, the third offering from her boutique Prusik Investment Management.
Rising UK equity income stars at M&G and OMAM have challenged Invesco Perpetual's Neil Woodford on his negative view of BP.
The end of the sovereign debt crisis in peripheral Europe may be in sight despite continued negative newsflow from the region, several managers claim.
Fidelity's Aruna Karunathilake has bought into Lloyds for the first time in three years to take advantage of the stock's depressed valuation.
BlackRock's Evy Hambro has ruled out the introduction of a discount control mechanism (DCM) to rein in the discount on his £1.6bn BlackRock World Mining trust.
Ecclesiastical's Robin Hepworth has warned Western equity markets could fall as much as 10% when central banks finally act to tackle inflation.
Managers must consider client expectations before building portfolio, Harries warns
Barclays Capital's Nathan Bance has cut the equity exposure in the £21m RADAR fund to focus on market-neutral trades and more ‘esoteric' investments.