Bill Gross' Pimco Total Return fund has lost its position as the largest mutual fund in the world after investors pulled over 13% of assets from the fund since the summer.
PIMCO, the world's largest bond house, lost its position as the best-selling fund group in Europe in the first half of the year.
SVM's World Equity fund, run by Neil Veitch, has benefited from a pickup in merger and acquisition (M&A) activity this year, with a number of takeover targets giving his fund a lift.
Canada Life Investments is planning to launch an onshore version of the Putnam Global High Yield Bond fund managed by its sister company Putnam Investments.
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?
Scott Jamieson, head of multi-asset investing at Kames Capital, is running his highest ever allocation to the US dollar in the view it could appreciate as much as 20%-25%.
RWC is to launch a global equity fund for Louise Keeling, who joined the group from Marathon Asset Management last month.
Investors are struggling to find ways to beat inflation in the UK, with savings accounts paying virtually nothing and bond yields squeezed by demand, but there are a number of funds out there which can deliver for investors.
Rathbone Unit Trust Management has launched a global total return fund for Carl Stick in a push to target sophisticated investors.
The Government will consult on options for transferring savings held in child trust funds (CTFs) into Junior ISAs.