Analysts have expressed concerns about the disclosure policies of some specialist investment trusts as investors continue to pile into alternative assets.

AXA IM has launched a quant-based global emerging markets strategy focusing on smaller companies.

Prudential chair Paul Manduca has joined the board of the Templeton Emerging Markets trust as its chairman steps down after more than a decade with the company.

Fixed income funds saw their first net outflows since January 2014 last month, according to the Investment Association's (IA) latest figures.

Walker Crips is planning for further expansion by seeking out employees at rival firms who are "disenchanted" by industry merger and acquisition activity.

Figures from the AIC show that 45% of investment trusts have now had the same manager for at least a decade, with a select few having been in charge for a quarter century.

Standard Life Investments' Ed Legget is to join Artemis ahead of the planned retirement of the group's Tim Steer, Investment Week can reveal.

Almost one fifth of investment trusts have changed managers in the last 18 months as a result of retirements, departures and greater board scrutiny, according to the Association of Investment Companies (AIC).

Gottex Asset Management has launched a new multi-asset UCITS strategy for former HSBC Insurance CIO James Hughes.

The first new private bank in the UK for over thirty years has officially launched, after gaining approval from regulators.