threadneedle

Threadneedle head of distribution Campbell Fleming is to become chief executive of the asset manager as current CEO Crispin Henderson moves to a new role at parent group Ameriprise Financial.

In the latest Big Debate, our panelists from Rathbone Unit Trust Management, Threadneedle Investments and S&P Capital IQ discussed Economic Outlook.

Threadneedle's Dave Dudding has stepped down from his £1.1bn European Smaller Companies fund in order to take over one of the group's global mandates.

Santander multi-managers Tom Caddick (pictured) and Toby Vaughan have invested in a UK equity income fund using their UK equity weighting for the first time.

Ex-Threadneedle chairman Simon Davies has joined the board of national advisory firm, Intrinsic, as a non-executive director.

Threadneedle topped the UK net retail sales chart in Q3 2012 as investors - including John Chatfeild-Roberts' Jupiter Merlin multi-manager team - moved back into Europe, according to the latest Pridham Report.

The inability of US funds to outperform the S&P 500 has been a long-standing concern for fund selectors, but performance figures for the term of Barack Obama's presidency paint a particularly bleak picture.

FLAT IS THE NEW UP

Top UK equity income managers have been cutting their weighting in tobacco stocks as concerns over earnings momentum and new rules on plain packaging put pressure on share prices.

Standard Life Investments (SLI) has launched an emerging market debt fund for new hire Richard House, who joined the firm in July from Threadneedle.