Gregg McClymont, Labour's former pensions spokesman, has joined Aberdeen Asset Management as head of retirement savings.
Sterling-denominated bonds saw their worst quarter on record in Q2 of 2015, amid a fierce sell-off in German bunds and escalating worries over upcoming rate increases.
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.
Fund groups are scaling back marketing activities relating to their UK property funds as they fight the tide of continual inflows into the sector.
Why investors shouldn't dismiss whole asset classes
Sebastian Lyon's £2.6bn Troy Trojan fund has been labelled "the biggest disappointment" in Chelsea Financial's biannual RedZone list of underperforming funds.
Aberdeen Asset Management is to issue £100m of non-voting preference shares to Mitsubishi UFJ Trust and Banking (MUTB) in order to raise money for future fund launches.
Aberdeen Asset Management is to partner with pensions consultancy Hymans Robertson for a service which will see it use the firm's technology to target direct investors for the first time.