The FTSE 100 extended its rally this morning, marking six straight sessions of gains.

Investors made a marked move towards the Cautious Managed sector last month, at the expense of corporate bond funds, which continued to fall in popularity.

Premier Asset Management has bought the management contracts of 10 UK Oeic funds acquired by Aberdeen in its recent takeover of Credit Suisse Asset Management.

Emerging market managers have been reducing their allocation to Russia in the wake of the stock market's six-month rally, having seen a hike in share price valuations.

Asset management group Neuberger Berman is re-branding its Dublin-domiciled mutual funds business following its employee-led buyout from Lehman Brothers in May.

Jubilee Financial Products has unveiled a new structured product plan, offering investors three times the growth of the FTSE 100 over five years, up to a 50% return.

J.P. Morgan Asset Management has launched a new multi-asset income fund, with a target gross yield of one-month Libor +2.5% over a five-year cycle.