Until recently European markets had been steadily growing, but with strong performance from stocks traditionally seen as defensive or defensive growth.
The IA Japan sector is home to the most consistent fund performers over the past three years, according to the latest research by F&C's multi-manager team.
Nikko Asset Management has expanded its global fixed income team with the hire of fund manager Holger Mertens from Lazard.
P2P Global Investments has raised £400m from its latest C share issue after receiving backing from a number of high-profile shareholders.
Former Aviva chief executive Keith Jones has joined the board of Smith & Williamson as a non-executive director.
Three very different ways to gain exposure
Fund groups are scaling back marketing activities relating to their UK property funds as they fight the tide of continual inflows into the sector.
F&C has hired former iShares managing director Marc Knowles to head up its passives push as the group prepares to launch a trio of exchange-traded funds (ETFs).