Fixed Income

Schroders has promoted global head of equities Peter Harrison to the vacant position of head of investment.

UBS Wealth Management chief investment officer Alexander Friedman has said that the firm expects company performance in the US and the Eurozone to drive equities in those regions higher in the coming months.

RWC Partners is to launch a global equity income fund for Ian Lance, Nick Purves, and John Teahan as it expands its income fund range.

Richard Buxton and Philip Matthews have both slipped into the bottom quartile of the UK All Companies sector on a six-month view following their moves to Old Mutual and Schroders respectively.

Legal & General Investment Management (LGIM) head of high alpha fixed income Richard Hodges is to leave the group in October.

Brooks Macdonald's asset management business has acquired Jersey-based DPZ in a deal that will add a further £360m to its discretionary AUM.

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