Net mutual fund inflows of £443m
Legg Mason's chief executive Bill Miller is setting up a mutual fund under his own name, to be run together with his son as assistant fund manager.
Bill Gross' Pimco Total Return fund has lost its position as the largest mutual fund in the world after investors pulled over 13% of assets from the fund since the summer.
A new paper, 'Buffett's Alpha' claims to have identified the main factors that have driven Warren Buffett's extraordinary record in investment.
Timing the market comes down to a simple choice between value and momentum investing - both have their promoters and detractors and at the end of the day it may boil down to a simple matter of personality
The UK Structured Products Association debunks some common myths about structured products
UK Retail investors continued to pull money out of F&C funds over the three months between June and September despite a pick up in worldwide equity and bond markets.
Skandia's platform sales have bolstered Old Mutual's interim results in the UK, with total net inflows of £0.4bn.
The battleground of fund charges is beginning to gather momentum and is set to only accelerate as the industry comes to terms with the market volatility and its effects on investor behaviour.
Threadneedle is teaming up with RiverSource to distribute institutional products in the US. The gr...