OBSR

Richard Romer-Lee and Nigel Whittingham have revealed details of their new consultancy business, nearly a year after the pair left Morningstar OBSR.

Nigel Thomas, manager of AXA Framlington's £4.4bn UK Select Opportunities fund, has won the Outstanding Fund Manager award from Morningstar OBSR.

Skill or luck?" the marketing director of an asset manager asked me recently about a former top fund manager he has worked with.

Morningstar OBSR's investment services director Peter Toogood and head of investment consultancy Gill Hutchison are set to leave the firm.

INCOME

Fund groups are preparing for a price war in the first quarter of next year as they overhaul their charging structures ahead of RDR.

The popularity of risk-rated funds has surged as RDR approaches and investors search for greater certainty in tough markets, but research has revealed vehicles sitting within the same risk grade can perform very differently.

Invesco Perpetual is hoping to match the success of its £15bn fixed income range with the launch of its upcoming multi-asset arm, following the hire of three managers from Standard Life Investments' GARS team.

Jim O'Neill has publicly ruled out following in the footsteps of Mervyn King and taking on the role of governor of the Bank of England.

Fund selectors have revealed the difficulties in allocating to Asia and emerging markets as some of the most popular retail funds close their doors to new investors.