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Fund managers slightly increased their average allocation to cash to a high 5.5% in May, up from 5.4% in April,...

Italian asset manager Eurizon Capital is chasing last year’s 16% increase in assets under management (AUM) as it further increased...

Expectations for Brazil equity returns should President Dilma Rousseff be impeached are far from reaching a consensus following the rally...

US fund firm Capital Group will launch a Ucits version of its flagship US equities strategy, Investment Company of America...

Equity funds are “firmly” on track for their biggest collective outflow since 2011, latest data suggests. EPFR Global said global...

GAM, a Zurich-based asset manager, has entered into an agreement to acquire investment management boutique Taube Hodson Stonex (THS). The...

Barry McInerney, co-chief executive officer of BMO Global Asset Management, has left the firm to become CEO of BMO’s key...

Burkhard Varnholt, the co-chief investment officer of Julius Baer, is to leave the firm and join its main rival Credit...

State Street Global Advisors (SSGA) has promoted its European distribution head as part of a series of changes in its...

Richard Peirson, co-lead manager of Axa Framlington’s £955 million (€1.2 billion) Managed Balanced fund, will retire in March next year...