Struggling fund manager Jupiter has reported significant net outflows of £1.6bn for the first quarter of the year, th third quarter in a row it's published net outflows

Just over a month after its shareholders rejected a takeover bid from British fund manager Liontrust, the newly-elected board at Swiss-based asset manager GAM has appointed global chief risk officer Elmar Zumbuehlas as chief executive.

Aberdeen Standard Investments (ASI) announced that it is acquiring a 60% stake in real estate fund manager Tritax for an undisclosed sum.

Low cost fund manager Vanguard is mulling plans to enter the UK financial advice market and, at the same time, boosting its team working with advisers and engaging direct with consumers.