Multi-asset managers are raising cash levels and adding to government bonds as fears over the US economy spook investors.
Schroders' Rob Hall has rejoined Russell Investments after two and a half years away from the firm.
Hargreaves Lansdown said the move to super clean share classes will not automatically lead to a "new normal" annual fund charge of 65bps, claiming it has already negotiated greater discounts with some groups.
J.P. Morgan Asset Management has hired BBC News' economics editor Stephanie Flanders as its chief market strategist for the UK and Europe.
High yield analysts and managers have warned some of the largest funds in the sector are being hit by a liquidity crisis.
City Financial is to merge its Multi-Manager Income fund with the Global Multi-Strategy fund, subject to unitholder approval.
This summer has been "a baptism of fire" for Standard Life Investments' £18.5bn Global Absolute Return Strategies(GARS)fund, according to strategist Andy Ford.
PSigma is to close Tom Becket's £18m Dynamic Multi-Asset fund, taking the firm's range down to three funds.
Old Mutual Global Investors' Richard Buxton has warned five major trends could affect the global economy throughout September and October.
Old Mutual's Richard Buxton has warned investors in the housebuilding sector the UK is far from experiencing a housing boom.