Asset management fees in alternatives have fallen due to supply and demand dynamics, according to a report by Mercer. In particular, asset managers are under pressure to negotiate fees for hedge funds, direct private equity and infrastructure funds.

Fitch Ratings has said that the departure of the co-manager of the Henderson Horizon Pan European Equity Fund, William Stormont, will not affect the "Strong" rating assigned to the fund.

Globally, in December, the Funds of Funds strategy (+1.09%) slightly outperformed the S&P 500 index. However, over the year, none of the hedge fund strategies could keep up with the stock market.

The central issue for Japan's sovereign credit rating remains the developing and implementing of a credible fiscal strategy to stabilise government debt over the medium term, Fitch Ratings says.

J.P. Morgan Asset Management has revealed what it sees as the five key themes for institutional investors in 2013...