Former Martin Currie manager Scott McKenzie has joined Saracen Fund Managers, after taking a five-year break from the industry.
Insight Investment's flagship Equity Market Neutral fund is planning to increase its exposure to European equities following the hire of portfolio manager Gareth Jenkins.
Markets were mixed overnight after European Central Bank president Mario Draghi revealed he was cutting interest rates, including a move to a negative deposit rate.
Neil Woodford has said some core UK equity income stocks could be hit by dividend cuts in the near future due to "very stressed" business models.
Troy Asset Management's Francis Brooke has said the proposed takeover of AstraZeneca will go ahead once Pfizer eases politicians' concerns on the future of the UK's research industry.
New money pouring into the absolute return sector may not provide the protection investors are seeking, as data shows near-record correlations with long-only equity funds.
Shareholders of RSA Insurance have ordered the firm to be put up for sale after the discovery of a £500m shortfall on its books that forced the resignation of its chief executive.
Last month, quarterly retail fund sales reached a peak not seen since 2011, according to the latest figures released by the Investment Management Association (IMA).