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High yield bond funds saw more than $2bn in outflows in the week to 15 June.
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Claude Kremer has been elected president of the European Fund and Asset Management Association
Santander chairman Emilio Botín and 11 members of his family face a tax investigation, reports say.
SIG has handed mandates for its European Best Ideas Fund to Jupiter and Mandarin Gestion.
IFA consolidation vehicle Perspective has acquired two further IFA firms.u
Aberdeen is to merge its Global Sterling Corporate Bond Fund into its Global World Bond Fund.
Is demand for sterling hedged share classes starting to pick up?
Barclays Wealth has launched a Wealthbuilder fixed-term deposit and a Defined Returns plan.
JP Morgan AM’s Tom Elliott says the effectiveness of quantitative easing may have run its course.
Peter Hicks is to leave his role as head of UK equity product management at Fidelity.
The FSA is demonstrating it is committed to a more intensive regulatory approach.
Franklin Templeton’s Mark Mobius has again warned of the possibility of another financial crisis.
