Tony Lanning, multi-manager at Henderson Global Investors, has quit the group to join J.P. Morgan Asset Management.
Standard Life Investments' £13bn Global Absolute Return Strategies (GARS) fund has bought back into European equities for the first time in over a year.
The bull run in UK mid caps could be coming to an end, with multi-managers starting to sell down top-performing funds in the sector and growth fears threatening consumer facing names.
As equity markets wane and politicians dither, gold has moved firmly back into the limelight recently, with investor demand for the precious metal sending its price rebounding back near record highs.
Leading investors cast doubt on much-vaunted re-rating of lacklustre gold mining shares.
Henderson Global Investors has proposed moving Paul Craig's Diversified Absolute Return fund into the newly created IMA Mixed Investment 0-35% shares sector, while bringing in Bill McQuaker as co-manager.
Henderson Global Investors is to merge the three Gartmore Multi-Manager funds run by Tony Lanning and Bill McQuaker into its own range as part of an overhaul of its offering.
Henderson's Bill McQuaker says the recent move by the Bank of Japan (BoJ) to prevent the yen soaring against the dollar could feed through to equity markets if it is the start of a new trend.
A raft of fund managers are taking profits in gold ahead of interest rate rises, while others argue the asset still offers long-term upside.