Standard Life investments

Fund managers including Richard Pease, Harry Nimmo, Richard Buxton and rising star Philip Rodrigs were awarded the top Honours at the fifth Morningstar OBSR Awards last night.

Standard Life Investments has hired Kirsty Desson as an Asia Pacific analyst on Harry Nimmo's Global Smaller Companies fund.

The board of Harry Nimmo's £163m Standard Life UK Smaller Companies trust has axed its performance fee, in a move to offer a transparent charging structure ahead of the impending retail distribution review (RDR).

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Industry veterans Richard Buxton and Alastair Mundy, alongside rising stars including Stuart Rhodes, have been shortlisted for this year's Morningstar OBSR Honours awards.

John Kay has released his final report on the UK financial services sector, calling for investors to rethink their approach to portfolio construction and risk management.

Standard Life Investments (SLI) has joined a host of larger fund groups launching low-cost share classes ahead of RDR.

Standard Life Investments' UK income manager Karen Robertson has been boosting exposure to lower yielding sectors of the market, in the expectation they will provide faster rates of dividend growth.

Threadneedle has added two names to its fixed income team following the departure of the group's head of emerging market debt, Richard House.

Standard Life Investments' top performing UK equity manager Ed Legget has trimmed his banking exposure, taking profits on RBS after a strong first quarter.