Schroders today announced it is in talks with Cazenove Capital about a potential takeover of the group, as the FTSE 100 giant moves to fill a Richard Buxton-shaped hole in its UK equity desk.
European technology company earnings are set to bounce back this year but investors should tread carefully, according to Franklin Templeton European Growth fund manager Mike Clements.
Newton's Ben Russon is to join Franklin Templeton's UK equity team, taking over as co-manager of two of its UK equity funds.
Franklin Templeton manager opts for a more concentrated portfolio, focusing on stocks with a market capitalisation of between £100m and £1bn.
Pioneer Investments has appointed David Glazer to the newly-created role of global equities portfolio manager, based in Boston.
Emerging market corporates' interest in global brands can be a "real positive" for European companies now trading at takeover valuations, according to Franklin Templeton's Mark Mobius.
Franklin Templeton Investments has bought a majority stake in hedge fund firm K2 Advisors Holdings (K2), expanding its alternative investments and multi-asset propositions.
Fears Chinese government's stimulus plans are not enough leave managers waiting on the sidelines.