fund managers

Carmignac Gestion has brought in a new London-based European equities team to replace its existing managers in an attempt to improve the performance of its funds.

Schroders has launched a European credit fund for manager Patrick Vogel which aims to identify and tap into credit "sweet spots" across the continent in order to achieve a high yield.

Last night Incisive Media held its Gold Standard Awards at the House of Commons, recognising those firms in the financial services industry with the highest standards of governance and social responsibility.

Fund groups found to have used commissions to pay for access to corporate executives will not face financial penalties, the FCA has said.

Miton is to offer its fund managers shares in the company in an effort to keep hold of top performers.

Assets under management held by UK fund managers hit a record high of £5.4trn by the end of 2012, with more than a third of funds originating from overseas clients, new research has revealed.

The finalists for this year's Professional Adviser International Fund & Product Awards 2013 have now been announced.

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The Investment Management Association (IMA)'s chief executive Daniel Godfrey calls on the fund management industry to improve the way it explains fund costs and charges to consumers.