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henderson asian growth under review on manager
Schroders is to manage the £274.1m Henderson Asian Growth investment trust following a review of the fund’s investment management arrangements by its board.
bond funds top european inflows
Flows into bond funds reached 20bn across Europe in November, the second-best month since Morningstar first began collating the data in 2007.
more changes in invesco perpetual
Invesco Perpetual’s CIO Nick Mustoe is to take over the interim running of the group’s Global Equity Income Fund after the departure of co-managers Paul Boyne and Doug McGraw.
wells fargo am buys stake in fund of hedge funds
Wells Fargo Asset Management, part of the US-headquartered bank, has bought a minority ownership stake in Washington D.C. based fund of hedge funds manager The Rock Creek Group.
pimco launches ucits version of income fund
US investment firm Pimco has launched a Ucits version of the $19.3bn Pimco Income Fund in Ireland.