Henderson

Wealth managers are adding to Europe following the market correction of the last few weeks, despite concerns remaining about the threat of deflation in the region.

Henderson Global Investors has replaced its head of emerging markets with former First State manager Glen Finegan.

Henderson has reported strong net UK retail inflows of £814m for the third quarter but cautioned difficulties lie ahead for investors.

Old Mutual Global Investors (OMGI) has moved to offload its £437m property fund to Henderson Global Investors, proposing a merger of the portfolio into the Henderson UK Property fund.

Fund managers are urging caution following a dramatic week for investors, saying the traditional strategy of buying on market falls may no longer make sense.

Should more managers branch out on their own?

Henderson director of European equities Richard Pease is leaving the firm to join new venture Crux Asset Management, taking his £1.1bn European Special Situations fund with him.

The Big Question: What are the best alternative investment opportunities today?

Last week Bill Gross quit PIMCO - the firm he founded - to join Janus Capital in a move which had ramifications for many investors. Now as outflows on his PIMCO Total Return fund mount, where should investors turn?

Asian stocks have been largely ignored this year as investors take stock of positions and eye potential shifts in policy from central banks, but multi-managers are now upping their exposure amid a strong rally.