Henderson

Henderson Global Investors has appointed Phil Apel as head of fixed income as Jim Irvine exits the firm.

Shares in Henderson Global Investors have been cut to a sell by analysts at Shore Capital after a dramatic surge in price this year left them trading well above their historic average.

Multi-asset investors are returning to Chinese equities, as fears of a ‘hard landing' subside and the local economy shows signs of improvement.

Rob Gambi has been appointed chief investment officer of Henderson, starting in 2014.

Leading investment trusts are racing to scrap performance fees as the move to clean pricing in the open-ended space puts pressure on charges.

MULTI-ASSET

Multi-asset managers are raising cash levels and adding to government bonds as fears over the US economy spook investors.

Henderson retail fixed income head John Pattullo is favouring core companies in core countries across Europe to provide thematic bond investing in a low inflation environment, alongside opportunities in the US.

A surprise delay in the US Federal Reserve's plans to wind down its QE programme may continue into 2014, fund managers have suggested.

James Henderson's UK Equity Income fund has been ejected from the IMA UK Equity Income sector for failing to meet the trade body's sector requirements.