Financial Standard presents a roundup of the week's biggest industry news and executive moves. In this week's top stories:

Private equity firms eye Link Group

Two private equity firms have spearheaded a takeover of Link Group, offering its shareholders $5.20 per share in a bid to acquire 100% of the ASX-listed administrator.

Active managers grapple with emerging markets

New research from Rainmaker Information has revealed less than 30% of actively managed emerging market funds outperformed their benchmarks after fees.

There are also major executive moves, including a new head of incidents, issues and breaches at AMP and a Perpetual Private veteran leaving after more than 17 years with the firm.

And don't miss our quote of the week from Labor Senator Deborah O'Neill.

This week's FS Minute news round-up is proudly brought to you by Vanguard.