Spanish asset manager Mapfre AM launched the Inclusion Responsable fund invested in European companies actively seeking to include persons with disability in their workforce. The firm argues this inclusion will contribute to firms' growth.

The Finnish branch will be led by Roope Relander.

The manager bars customers of its investment platforms to invest in the Woodford Income Focus fund.

Credit Suisse is said to sell Investlab to Allfunds.

Bond funds turned in their 23rd consecutive week of net inflows, at about $16.8bn, according to data from Bank of America Merrill Lynch.

Net new money was poured into bond and equity funds.

Assets slumped 5.2% year-on-year.

Despite plans to cut 101 jobs in the Grand Duché, State Street leads the pack in fund administration and other segments, according to a Monterey Insight study.

The labels are awarded for three years.

Responsible equity strategies pave the way with AuM totalling €495.5bn according to Morningstar.