Schroders is to rebrand the entire Cazenove Capital fund range following its takeover of the business last year.
Investors are better off looking away from the US for their developed market equity exposure, Cazenove Capital multi-manager Marcus Brookes has argued.
Consolidation has been the watchword in the asset management sector this year and, consequently, the structure of the funds industry is changing as rapidly as the City skyline.
Managers and fund buyers have begun rotating out of UK mid- and small-cap stocks in anticipation of a mega-cap resurgence.
Schroders has hard-closed Paul Marriage's Cazenove UK Smaller Companies fund following a wave of inflows into the product which saw it breach the £1bn mark.
Wealth managers continue to hold UK small-cap funds instead of taking profits and rotating into the larger end of the market, predicting a rise in M&A activity will boost the sector.