Fundweb
Rob Langston Editorial, Fundweb.co.uk

Lipper: Bond fund sales hit record high in October

7 Dec 2012

Sales of bond funds in Europe hit their highest one-month total on record in October, with net inflows of €30bn, according to data provider Lipper.

Co-op adds two funds to Sustainable range

6 Dec 2012

The Co-operative Asset Management has added two new funds to its product range, with the launch of the CIS Sustainable Managed Growth fund and the CIS Sustainable Managed Income Trust.

F&C sustainable investment head leaves

6 Dec 2012

F&C Asset Management’s head of governance and sustainable investment Karina Litvack has left after more than 10 years at the company.

AS 2012: True scale of failure can now be seen, says Balls

5 Dec 2012

Shadow chancellor Ed Balls says the “true scale of failure” can now be seen after two and a half years since the coalition government came to power.

Autumn Statement 2012: As it happened

5 Dec 2012

Fundweb.co.uk’s live blog of the Autumn Statement 2012.

JP Morgan to launch Turkey fund from Europe Convergence Sicav

4 Dec 2012

JP Morgan Asset Management has announced it will be renaming and repositioning its JPM Europe Convergence Equity Sicav as the JPM Turkey Equity fund.

British Chambers of Commerce downgrades UK growth forecast for 2013 to 1%

4 Dec 2012

The British Chambers of Commerce has revised its growth forecast for 2013 and 2014 downwards in its latest economic forecast.

Time Investments gets Paif approval for ground rents fund

3 Dec 2012

Specialist asset manager Time Investments has received approval for its Freehold Income Trust from the FSA to convert from a UCIS into an authorised open-ended fund.

Insight fund rating under review after range restructure

3 Dec 2012

The restructure of the Insight Investment range announced by parent group BNY Mellon has prompted Morningstar OBSR to place the rating of its Monthly Income fund under review.

HSBC wealth management chief retires

3 Dec 2012

HSBC has announced retail banking and wealth management chief executive Paul Thurston will retire at the end of the year.

​Fund sales slump in Q3

30 Nov 2012

Net fund sales slumped by 41 per cent during the third quarter, compared with the previous quarter, according to the Fundscape/Matrix Solutions distribution report.

Lipper: First quartile performance key to inflows

29 Nov 2012

Analysis by fund data specialist Lipper has revealed first quarter performance over one- and three-year time periods was dominant in driving sales.

RWC chief appointed to Brunner investment trust

29 Nov 2012

RWC Partners chairman and chief executive Peter Harrison is to join the board of Brunner investment trust from 1 January.

First State releases Worldwide Sustainability fund launch details

28 Nov 2012

First State Investments UK has launched the First State Worldwide Sustainability fund for senior portfolio manager David Gait, after receiving regulatory approval.

Bond sector remains most popular, says Morningstar

28 Nov 2012

Fixed income funds saw inflows of €22.1bn during October, contributing to total long-term inflows of €25.7bn.

Cavendish appoints director of portfolio management

28 Nov 2012

Cavendish Asset Management has appointed fund manager Liz Evans as director of portfolio management.

Bob Doll turns back on retirement, joins US asset manager

27 Nov 2012

Bob Doll has joined Chigaco company Nuveen Asset Management just months after announcing his retirement and having recently left BlackRock.

OECD predicts 0.9% growth for UK in 2013

27 Nov 2012

The Organisation for Economic Co-operation and Development (OECD) has predicted real GDP growth of 0.9 per cent during 2013, after contracting by 0.1 per cent in 2012.

Q3 GDP growth kept at 1 per cent

27 Nov 2012

The Office for National Statistics has maintained its estimate for third quarter GDP at 1 per cent.

Bonds overvalued in Q4, say CFA members

26 Nov 2012

Both corporate and government bonds are overvalued are ‘overvalued or very overvalued’, according to the latest survey of members of the CFA Society of the UK.

BNY Mellon announces Insight range restructure

26 Nov 2012

BNY Mellon has announced a number of mergers of Insight Investment funds to better position the boutique for the post-RDR world.

Stephen Lansdown steps down from board

26 Nov 2012

Hargreaves Lansdown co-founder Stephen Lansdown has stepped down as a non-executive director from the board.

Aberdeen sees 15% rise in pre-tax profits

26 Nov 2012

Aberdeen Asset Management has reported a 15 per cent rise in pre-tax profits for the first year to 30 September, as assets under management reached £187.2bn.

Could the market provide a solution for the BBC?

23 Nov 2012

Rob Langston asks whether a merger of the BBC with telecommunications giant BT could solve the problems of the broadcaster.

China slow-down won't affect African companies, says JM Finn manager

22 Nov 2012

An economic slow-down in China is unlikely to affect the growth potential for companies in Africa, according to JM Finn fund manager Anthony Eaton.

IMA calls for fund managers to join investor engagement forum

22 Nov 2012

The Investment Management Association is to develop an investor engagement forum as set out in the Kay Review and has invited all institutional investors and shareholders.

Big challenges for King replacement at Bank of England

22 Nov 2012

Bank of England governor Mervyn King’s successor will face “big challenges” with the ongoing challenges facing the UK economy and bank oversight through the Prudential Regulation Authority, says Capital Economics UK chief economist Vicky Redwood.

Offshore fund centre Luxembourg could face EU court

21 Nov 2012

Offshore fund centre Luxembourg could be referred to the European Union’s Court of Justice for failing to notify the European Commission over measures to implement a financial regulatory directive.

Old Mutual considers fund of funds offering

21 Nov 2012

Old Mutual Global Investors chief executive Julian Ide says the asset manager is considering whether it can launch a fund of Old Mutual funds.

AAA downgrade could deepen France-Germany rift, says Capital Economics

20 Nov 2012

France’s downgrade by ratings agency Moody’s could deepen the political rift with Germany, although the direct effect of the downgrade “should be modest” reports Capital Economics.

Fitch: European investors optimistic over eurozone crisis resolution

20 Nov 2012

A survey by Fitch Ratings has revealed European investors are “cautiously optimistic” for a resolution of the eurozone debt crisis.

FSA must be clear on whether VCTs are Ucis, says IMA

20 Nov 2012

The Investment Management Association has called on the FSA to confirm whether venture capital trusts will be included under its regime for Ucis products or not.

Credit Suisse to restructure with private/investment bank split

20 Nov 2012

Credit Suisse is to split its private banking & wealth management business from its investment banking arm.

Financial advisers more optimistic about RDR, finds Thesis

19 Nov 2012

A survey by Thesis Asset Management has found 85 per cent of financial advisers feel more optimistic about the RDR than 12 months ago.

Natixis makes senior hires ahead of UK launch

19 Nov 2012

Natixis Global Asset Management has made two senior hires ahead of its launch in the the UK retail market in January.

Spin doctor Mandelson named as Lazard International chair

19 Nov 2012

Peter Mandelson, former adviser to Tony Blair, has been appointed as chairman of Lazard International.

Capital Economics: Poor October retail figures could signal disappointing Christmas

16 Nov 2012

Capital Economics says poor UK retail sales during October have set a “dismal backdrop” ahead of Christmas, and could force retailers to step up discounting.

Court rules in favour of Henderson in PFI case

16 Nov 2012

A court has ruled in favour of Henderson Global Investors after allegations of a breach of mandate for a private finance initiative fund were made by a majority of investors.

Man Group sells GLG Lehman exposure

16 Nov 2012

Alternative investment manager Man Group has agreed a $456m deal with Hutchinson Investors to dispose of exposure to Lehman Brothers that it acquired in July 2011 from “certain GLG managed funds”.

Mansion fund becomes first student accommodation Paif

15 Nov 2012

The FSA has approved the first property authorised investment fund (Paif) to invest in student accommodation available to retail investors.

Veritas to divide business as part of restructure

15 Nov 2012

Veritas Asset Management UK is to split its fund management arm from its private client business as part of a corporate reorganisation.

Eurozone moves into double-dip recession

15 Nov 2012

The eurozone has re-entered recession after GDP fell by 0.1 per cent during the third quarter, contributing to a second successive quarter of negative growth.

Fitch: Ireland outlook upgraded to stable

15 Nov 2012

Fitch Ratings has revised its outlook for Ireland’s sovereign debt rating from negative to stable, while affirming the country’s BBB+.

UK fund industry becoming less concentrated

15 Nov 2012

The £5.1trn UK fund management industry is becoming less concentrated in contrast with global trends, TheCityUK’s report into the industry has found.

Inflation report suggest room for more QE, says Capital Economics

14 Nov 2012

Bank of England governor Mervyn King’s comments at the post-inflation report suggest the door remains open for further quantitative easing, according to Capital Economics.

Bank of England governor King warns of drop in UK GDP

14 Nov 2012

Outgoing Bank of England governor Mervyn King has warned GDP growth in the fourth quarter is likely to drop back, after the UK exited recession during the third quarter of the year.

F&C in bond team restructure

14 Nov 2012

F&C has confirmed plans to integrate its high yield and Thames River credit teams, which has seen the departure of bond fund manager Fatima Luis.

M&G inflows increase by 329%

14 Nov 2012

Asset manager M&G has seen inflows rise by 329 per cent during the first nine months of the year, compared with the same period in 2011.

UBS US fund manager Kemp to leave

13 Nov 2012

UBS Global Asset Management fund manager Lawrence Kemp has left the company after 20 years at the company, with his £128.8m UBS US Growth fund to be co-managed by Sam Console and Peter Bye.

Anthony Bolton's Fidelity China special sits fund suffers further fall in NAV

12 Nov 2012

Fidelity Worldwide Investments fund manager Anthony Bolton has described a “further disappointing period” for investors in his Fidelity China Special Situations investment trust.

Momentum adds investment veteran Pearson Lund to board

12 Nov 2012

Momentum Global Investment Management has added investment industry veteran Peter Pearson Lund to its UK advisory board, one of a number of new additions.

JP Morgan to launch discretionary service and funds of funds

12 Nov 2012

JP Morgan Asset Management is to launch an actively-managed discretionary portfolio service and a fund of funds range.

IMA's Godfrey: Industry must work together to raise standards

12 Nov 2012

Investment Management Association chief executive-designate Daniel Godfrey has suggested the retail asset management trade body will work with other parts of the industry to raise conflicts of interest standards.

Fitch places Henderson China fund under review

9 Nov 2012

Fitch Ratings has placed the Henderson China Opportunities fund’s “satisfactory” rating under review.

IMA: FSA has identified issues of concern

9 Nov 2012

Incoming chief executive of the Investment Management Association Daniel Godfrey says the trade body will work with members and the FSA to prevent conflicts of interest.

Lipper: Long-term fund sales hit 23-month high

9 Nov 2012

Long-term fund generated their largest monthly net sales since October 2010 - a 23-month high - during September, rising to €28.9bn.

Panmure Gordon hires Matrix investment team

9 Nov 2012

Stockbroker Panmure Gordon has announced the hiring of an investment funds team from Matrix Corporate Capital, after parent company Matrix went into administration earlier this week.

Templeton strategic bond manager moves into emerging markets and high yield

8 Nov 2012

Templeton Strategic Bond fund co-manager David Zahn is moving beyond traditional sectors and allocations to refocus the portfolio towards emerging market and high yield debt.

Fitch: European investors expect US to avoid 'fiscal cliff'

8 Nov 2012

More than 80 per cent of European fixed income investors expect the US to avoid the fiscal cliff, according to Fitch Ratings quarterly fixed income survey.

Aviva Investors "has fallen short of aspirations", claims parent group

8 Nov 2012

Insurance group Aviva has claimed its asset management arm Aviva Investors has fallen short of its aspirations by failing to expand the business externally.

Charteris: Silver to rise 500%, gold to hit $2,500 in 2015

7 Nov 2012

Charteris Treasury Portfolio Managers chairman and chief executive Ian Williams has predicted the price of silver will rise by 500 per cent in three years, while gold is set to increase to $2,500.

Matrix Group placed in administration

7 Nov 2012

Matrix Group and Matrix Securities has been placed in administration and Begbies Traynor appointed as administrators.

JP Morgan private equity trust announces changes

7 Nov 2012

Listed investment company JP Morgan Private Equity (JPEL) has announced a number of changes to the closed-end fund.

GDP growth slips to 0.5 per cent, finds NIESR

6 Nov 2012

The National Institute for Economic & Social Research has found economic growth slowed to 0.5 per cent in the three months ending in October from 1 per cent in the three months to September.

John Duffield's Brompton to run five discretionary portfolios for Money Wise IFA

6 Nov 2012

John Duffield’s Brompton Asset Management has been appointed as investment manager to discretionary model portfolios for clients of Bath-based Money Wise Independent Financial Advisers.

RLAM reports AUM growth despite inflows slowdown

6 Nov 2012

Royal London Asset Management reported a 17 per cent increase in assets under management during the nine months to 30 September, despite a drop in net new business inflows.

Capital Economics: Further QE chances 'just below 50-50'

5 Nov 2012

The chance of further quantitative easing later this week is “just below 50-50”, according to macro-economic research specialist Capital Economics, after two poor surveys put pressure on the UK recovery.

HSBC Global Asset Management appoints Andy Clark chief executive

5 Nov 2012

HSBC Global Asset Management UK has appointed Andy Clark as chief executive replacing Simeon Brown.

Toscafund to launch global financials fund for retail investors

5 Nov 2012

Asset manager Toscafund is to launch a global financials fund on the T. Bailey administration platform, which has seen the latter named authorised corporate director of the new launch.

US economy adds 171,000 jobs

2 Nov 2012

The US economy added 171,000 jobs during October, although the unemployment rate remained unchanged at 7.9 per cent, according to the US Bureau of Labor Statistics.

FSA to adopt lower projection rates for investment returns

2 Nov 2012

The FSA is to adopt lower projection rates for investment returns from 2014 following an industry-wide consultation, in a move to prevent investors from being misled.

MSCI loses further ETF benchmark contract to FTSE

1 Nov 2012

Exchange-traded fund provider Lyxor is to replace index provider MSCI with FTSE for its global real estate products.

BlackRock fund downgraded by Morningstar OBSR

1 Nov 2012

Morningstar OBSR has downgraded the BlackRock Global Funds Global Opportunities fund over performance concerns.

LGIM reports 5% rise in AUM

1 Nov 2012

Legal & General Investment Management has reported a 5 per cent rise in assets under management compared with the full-year 2011 figure.

Morningstar OBSR reinstates Standard Life Gars fund rating

31 Oct 2012

The £13.1bn Standard Life Global Absolute Return Strategies fund has had its bronze rating reinstated by Morningstar OBSR after it was placed under review in September.

MSCI acquires property index provider IPD

31 Oct 2012

Index provider MSCI is to acquire property specialist IPD in a deal worth £78m ($125m), in a move that will broaden its range to include real estate.

Ex-AIC director-general Daniel Godfrey joins IMA as chief exec

31 Oct 2012

Former Association of Investment Companies director-general Daniel Godfrey is to join the Investment Management Association as chief executive, replacing Richard Saunders.

Fidelity's Greetham: US is decoupling from Europe

31 Oct 2012

Fidelity Worldwide Investments asset allocation director Trevor Greetham has moved to a large moderately overweight position in equities and a heavy overweight in North America.

Could IMA figures reveal savings crisis?

30 Oct 2012

Rob Langston asks whether the latest ISA statistics from the IMA could be pointing towards a savings crisis.

Largest fund managers see assets fall by 3%

30 Oct 2012

A study by Towers Watson and US publication Pensions & Investments has found assets managed by the world’s largest 500 fund managers dropped by 3 per cent during 2011 to $63trn.

Fitch: European multi-asset funds must rethink asset allocation

30 Oct 2012

A report by Fitch Ratings has warned European multi-asset funds that they need to rethink asset allocation and market timing.

Premier to change High Income fund to monthly

29 Oct 2012

Premier Fund Managers has switched income payments made by the Multi-Asset High Income fund from a quarterly to a monthly basis and is set to rename the fund.

Merchant House plans for Ucits fund launch

29 Oct 2012

Merchant House Group has confirmed plans for the launch of a further Ucits fund, after closing four products earlier this year.

‘US is primed for strong growth’

Fund Strategy - 29 Oct 2012

US economy grows at 2% during Q3

26 Oct 2012

US GDP grew by 2 per cent during the third quarter, the US Bureau of Economic Analysis has revealed in its first estimate.

UK exits double dip recession as GDP rises 1%

25 Oct 2012

The UK has exited the double dip recession after reporting growth of 1 per cent during the third quarter of 2012.

Eurozone recession won't affect US recovery, reports Capital Economics

24 Oct 2012

A deep recession in the eurozone is unlikely to hinder a US recovery in 2013, according to Capital Economics economist Andrew Kenningham.

IMA: Proposed FSCS funding model 'absurd'

24 Oct 2012

The Investment Management Association has hit out at the FSA’s proposed funding model for the Financial Services Compensation Scheme.

Novia adds Carmignac Gestion funds to platform

24 Oct 2012

Novia has added tee Carmignac Gestion funds to the platform, the European asset manager’s first link-up with a UK wrap platform.

Skandia head of investment research departs

24 Oct 2012

Skandia Investment Group head of investment research Adam Smears has left the business to pursue an opportunity outside the business.

Rathbones sees double-digit rise in funds under management

24 Oct 2012

Rathbone Unit Trust Management has reported a 13.9 per cent rise in funds under management.

iShares launches physical bond product

23 Oct 2012

Exchange-traded product provider iShares has launched the iShares Barclays Capital Euro Corporate Bond Interest Rate Hedged fund.

IMA refuses to back women board quotas

23 Oct 2012

The Investment Management Association has refused to back board quotas for women, arguing that appointments should be based on merit.

First State makes listed property hires

23 Oct 2012

First State Investments has made four additions to its listed property securities team, following rejoining of Stephen Hayes as head of property securities last month.

WH Ireland investors to vote on balance sheet restructure

23 Oct 2012

WH Ireland is to ask investors to vote on plans to restructure its balance sheet.

Old Mutual plans distribution and fund range growth

22 Oct 2012

Old Mutual Global Investors is set to grow third-party distribution and its product range as part of the enlarged asset and wealth management business.

Diverse Income Trust looks at £20m share issue

22 Oct 2012

The Diverse Income Trust, managed by Gervais Williams and Martin Turner, is considering a £20m share issue during December.

Google slump hits top fund managers

Fund Strategy - 22 Oct 2012

Fitch: Scottish independence wouldn't affect UK AAA rating

19 Oct 2012

Rating agency Fitch Ratings has reported that Scottish independence would “probably” have a neutral impact on the residual UK’s AAA sovereign credit rating.

Euro leaders agree on single banking oversight

Fund Strategy - 5 Nov 2012

European leaders have agreed to push ahead with a single supervisory banking mechanism.

Vanguard lists 21 funds on Cofunds

18 Oct 2012

Vanguard has listed its 21 funds on Cofunds in a move that will make its range available to a further 13,000 financial advisers.

Barclays increases PPI provision to £2bn

18 Oct 2012

Barclays has increased its provision for payment protection insurance (PPI) by £700m, raising the total level to £2bn.

BNP Paribas launches FundQuest Advisor

18 Oct 2012

BNP Paribas Investment Partners has launched an advisory services partner named FundQuest Advisor after it transferred funds previously managed by FundQuest to its multi-asset specialist arm.

Mattioli Woods to finalise post-RDR offering

18 Oct 2012

Wealth manager and pensions consultancy Mattioli Woods is finalising its post-RDR proposition, founder Bob Woods has revealed, which will better position the company to compete in 2013.

Fitch highlights need for 'strategic rethinking' by European asset managers

18 Oct 2012

Podger makes changes to 60% of £1.3bn Fidelity Special Situations

17 Oct 2012

Jeremy Podger has made extensive changes to the Fidelity Global Special Situations fund since taking charge of the fund in March.

Income funds dominate FundsNetwork sales in September

17 Oct 2012

Fidelity FundsNetwork saw income funds dominate adviser sales during September, with seven funds in the top ten.

Fund manager concerns grow over US fiscal cliff

16 Oct 2012

Investec fund downgraded by Bestinvest

16 Oct 2012

The Investec Global Free Enterprise fund has been downgraded to a one-star, sell rating by Bestinvest.

Allianz expands offshore offering

15 Oct 2012

Allianz Global Investors has expanded its Sicav range with the addition of a euro high yield fund and is considering the launch to the UK market of a German equities product.

Lipper: Ten best-selling funds attract 31% of net sales

15 Oct 2012

Research by Lipper has revealed 31 per cent of all net sales across more than 21,000 funds flowed into the ten best-selling funds in the year to August 2012.

Ex-L&G chief exec joins Barclays board

15 Oct 2012

Former Legal & General group chief executive Tim Breedon is to join Barclays as a non-executive director from 1 November.

Boutique Oriel takes on Williams de Broë funds

15 Oct 2012

Investment boutique Oriel Asset Management has taken on three funds run by Williams de Broe¨ Asset Management as part of its ongoing expansion.

Alliance slashes investment trust holdings in half

15 Oct 2012

Alliance Trust head of equities Ilario di Bon has cut the portfolio’s 200 holdings in half reflecting a higher conviction approach for the investment trust.

Winterflood values Fidelity Euro

Fund Strategy - 15 Oct 2012

Legg Mason's ClearBridge appoints co-chief investment officer

12 Oct 2012

Legg Mason subsidiary ClearBridge Advisors has appointed Scott Glasser as co-chief investment officer alongside current CIO Hersh Cohen.

Hargreaves Lansdown assets increase by £2.2bn

12 Oct 2012

Hargreaves Lansdown saw assets under administration increase by £2.2bn in the three months to 30 September, rising to £28.5bn, despite market volatility and slow fund inflows across the industry.

Alliance Trust's Tong joins Swip

11 Oct 2012

Neil Tong has joined Scottish Widows Investment Partnership as senior credit research analyst within its fixed income team.

Esma: Mifid will ban incentives for discretionary managers and 'independents'

11 Oct 2012

European Securities & Markets Association chair Steven Maijoor says product inducements must be banned for discretionary portfolio managers and any adviser labelling themselves independent.

JOHIM's distribution head exits

10 Oct 2012

JO Hambro Investment Management has confirmed the departure of its head of fund distribution business, James Du Boulay.

Winterflood adds Fidelity European Values to buy list

10 Oct 2012

Winterflood Investment Trusts have replaced the Jupiter European Opportunities investment trust with Fidelity European Values in its recommendation list.

MEPs call for jail for market abusers

10 Oct 2012

Those who abuse markets could face jail from next year, following the approval of European Union-wide banking rules by MEPs.

NIESR: UK recession is over

10 Oct 2012

The National Institute for Economic & Social Research has claimed the UK is out of recession, barring a downturn in output.

EU to push ahead with Tobin tax

9 Oct 2012

The European Commission is to push ahead with an European Union-wide financial transactions tax after gaining support from several of the largest economies.

M&G to change bond fund name

9 Oct 2012

M&G Investments is to rename of the £339.5m M&G High Interest fund to better reflect a change to the fund’s investment approach.

Santander adds to fixed income team

9 Oct 2012

Santander Asset Management UK has expanded its fixed income team with the appointment of two credit analysts.

IMF: UK to return to growth in 2013, economy to shrink by 0.4% this year

9 Oct 2012

The UK economy is set to contract by 0.4 per cent during 2012 as a whole, before returning to growth of 1.1 per cent in 2013, according to the International Monetary Fund.

Fidelity to merge two multi-manager funds

8 Oct 2012

Fidelity Worldwide Investments is to merge the Fidelity MultiManager Balanced Portfolio and Fidelity MultiManager Income Portfolio funds.

Allianz sees off investment brand challenger

8 Oct 2012

Financial services giant Allianz has been awarded £2,150 in costs by the Company Names Tribunal after challenging a company named Allianz Investments.

Kooyman ships out of Barclays and heads for emerging markets

Fund Strategy - 8 Oct 2012

Sanlam Investment Management’s Kokkie Kooyman has used profits from a sale of Barclays shares to build stakes in other sectors.

Capital Economics: Bank of England rate decision predictable

4 Oct 2012

The decision by the Bank of England’s Monetary Policy Committee to hold interest rates and leave the level of quantitative easing (QE) was “predictable”, according to Capital Economics.

Allianz Global Investors to close three UK funds in restructure

4 Oct 2012

Allianz Global Investors is to close three UK equity funds in a “refocus” of its adviser business.

Myners joins investment trust board

4 Oct 2012

Former Treasury minister Paul Myners has joined the board of the Ecofin Water & Power Opportunities investment trust as a non-executive director.

SVM's McLean steps down from fund board

3 Oct 2012

SVM Asset Management managing director Colin McLean has stepped down from the board of the closed-end SVM Global Opportunities fund to reflect his role as sole manager.

FE launches risk-targeted model portfolios

3 Oct 2012

Data provider and research company FE has launched a range of model portfolios constructed from its FE Select 100 list of top scoring funds.

Net retail sales hit slump in August as investors pull out of equities

3 Oct 2012

The Investment Management Association (IMA) has revealed that net retail sales hit the lowest level since October 2008, after reporting inflows of just £23.2m during August.

Xcap Securities makes bid for Hume Capital

3 Oct 2012

Listed financial services company Xcap Securities is to acquire Hume Capital’s fund management companies.

Vanguard dumps MSCI for FTSE

2 Oct 2012

Vanguard Investments has replaced index benchmark provider MSCI with rival FTSE on six of its international equity funds.

Fitch: Bank of England outlook remains negative

2 Oct 2012

Fitch Ratings has affirmed the Bank of England’s AAA-rating and maintained the negative outlook on its long-term rating.

BNY Mellon acquires 100% stake in WestLB Mellon

2 Oct 2012

BNY Mellon has acquired the remaining 50 per cent stake in joint venture WestLB Mellon Asset Management from German company Portigon.

Levels of optimism in investment management industry rise

1 Oct 2012

Investment management companies are more optimistic about the overall business situation, according to the CBI/PwC Financial Services Survey, rising for the third consecutive quarter.

BNY Mellon arm Standish appoints co-deputy CIO

1 Oct 2012

BNY Mellon’s fixed income specialist arm Standish Mellon Asset Management has appointed Raman Srivastava as co-deputy chief investment officer.

Threadneedle opposes Glenstrata deal

1 Oct 2012

Threadneedle Asset Management has come out against proposals that would see merger of commodities broker Glencore International with miner Xstrata.

M&G funds placed under review following Godfrey departure

1 Oct 2012

The M&G Asian and M&G Global Emerging Markets funds have been placed under review by Morningstar OBSR following the resignation of fund manager Michael Godfrey.

Standard Life appoints former Threadneedle COO

1 Oct 2012

Standard Life Investments has appointed former Threadneedle global chief operating officer John Devine as a non-executive director.

Mobius: Case for emerging markets continues to grow

1 Oct 2012

Emerging market investment veteran Mark Mobius says the case for investing in emerging market economies continues despite lower growth and turmoil seen elsewhere in the world.

Mobius pushes merits of frontier markets

Fund Strategy - 1 Oct 2012

Emerging market investment veteran Mark Mobius says the case for investing in emerging market economies continues despite lower growth and turmoil seen elsewhere in the world.

Tribunal upholds FSA ban and fine for French fund manager

28 Sep 2012

The Upper Tribunal (Tax and Chancery Chamber) has upheld a decision by the FSA to ban and fine a French fund manager and two Cantor Fitzgerald traders.

Northern Rock and Bradford & Bingley increase government debt by £37.4bn

28 Sep 2012

Reclassification of Northern Rock Asset Management and Bradford & Bingley as central government bodies by the Office for National Statistics has increased governmentdebt by £37.4bn.

Hargreaves Lansdown founder launches Bristol sports company

28 Sep 2012

Hargreaves Lansdown founder Stephen Lansdown has launched Bristol Sport Limited to oversee the financial and business management of Bristol City football club and Bristol Rugby club.

Ignis marketing head James Senior departs

27 Sep 2012

Ignis Asset Management has confirmed that head of marketing James Senior has left the the company.

Butterfield brings funds in-house

27 Sep 2012

Butterfield Private Bank has terminated its investment service agreement with Bentley Reid Group after bringing its 60 investment professionals under a unified approach.

Baring Korea manager positions for rising consumption

27 Sep 2012

Baring Korea trust manager Hyung Jin Lee has positioned the fund to benefit from rising consumption and wealth creation in Korea and other key markets such as China.

MEPs call for tailored investment products

27 Sep 2012

The European Parliament’s economic & monetary affairs committee have inserted measures to the latest Mifid/Mifir regulation that would require companies to offer financial products tailored to investor needs.

Rowan Dartington launches Stafford House Investments

27 Sep 2012

Rowan Dartington has launched independent financial advisory business Stafford House Investments to complement its core wealth management business.

Witan Pacific to introduce interim dividend

27 Sep 2012

The Witan Pacific investment trust is to introduce an interim dividend, the board has announced in its half year results to July 31.

LGIM appoints European credit head

26 Sep 2012

Legal & General Investment Management (LGIM) is to appoint Colin Reedie as head of European credit portfolio management from October.

Fidelity's Bolton: China leader change good news for special sits portfolio

26 Sep 2012

Star manager Anthony Bolton says a change in Chinese leadership could be beneficial for the companies he holds if they pursue a reformist agenda.

European regulator to warn investors over structured products

25 Sep 2012

European Securities & Markets Association (Esma) is developing an investor communication that will explain risks of investing in complex products, including structured products.

Misdirected competition could cause wide-scale harm, says FSA's Wheatley

25 Sep 2012

FSA managing director Martin Wheatley has questioned whether the asset management industry has produced competition that benefits consumers.

Fidelity FundsNetwork unveils adviser charging model

25 Sep 2012

Fidelity FundsNetwork will begin facilitating adviser charging from 8 October.

Close Brothers reports flat profits

25 Sep 2012

Close Brothers Group has reported a 2 per cent increase in adjusted operating profit to £134.2m, in its preliminary results for the year ended 31 July 2012.

Henderson launches risk-targeted multi-asset range

24 Sep 2012

Henderson Global Investors has launched its Core Solutions range.

MAM Funds to launch UK smaller companies fund for Williams

24 Sep 2012

Fund management group MAM Funds is to launch a UK smaller companies fund for Gervais Williams and Martin Turner.

Fund managers more bullish on Europe, survey finds

Fund Strategy - 24 Sep 2012

Hargreaves removes M&G Strategic Corporate Bond fund from Wealth 150

21 Sep 2012

Hargreaves Lansdown has dropped the M&G Strategic Corporate Bond fund from its Wealth 150 list, following news that it was to slow inflows into its corporate bond range.

Bestinvest awards 'sell' rating to Fidelity fund

21 Sep 2012

Bestinvest has given a one-star, ‘sell’ rating to the Fidelity American fund, after raising concerns about consistent underperformance.

Henderson's McQuaker: Low confidence stopping equities investment

20 Sep 2012

Head of multi-manager funds Bill McQuaker says a lack of confidence is preventing investors from taking advantage of current equity market valuations.

Morningstar OBSR to review Matterley fund rating

20 Sep 2012

Morningstar OBSR has placed the rating of the IM Matterley Undervalued Assets fund under review following the departure of co-manager to MAM Funds.

FundsNetwork reveals most popular adviser funds in August

20 Sep 2012

The Fidelity MoneyBuilder Income fund topped the Fidelity FundsNetwork adviser sales table in August, in a month that dominated by income generating funds.

Santander renames 10 funds in range

19 Sep 2012

Santander Asset Management has confirmed the name changes for ten funds within its fund range to reflect their aims and for consistency.

Bank expects inflation to fall more slowly

19 Sep 2012

The Bank of England’s Monetary Policy Committee expects inflation to fall slower than previously expected, according to the minutes from the latest rate-setting meeting.

Henderson's Bennett: Beware safe havens

19 Sep 2012

Investors are paying “whopping premiums for safety”, according to Henderson Global Investors European equities head John Bennett.

Fund managers more bullish on Europe, BofAML survey finds

18 Sep 2012

The BofA Merrill Lynch Fund Manager Survey has revealed fund managers have taken their first overweight position in European equities since February 2011.

Jupiter hires head of private clients from Schroders

18 Sep 2012

Jupiter Asset Management has appointed Andrew Clark as its head of private clients and charities.

Henderson's Bennett: Buying opportunity in European equities

18 Sep 2012

Henderson Global Investors’ head of European equities John Bennett says investors can take advantage of a dip in prices, despite the recent strong rally.

Convertible bonds a 'more mainstream asset class', finds Fitch

18 Sep 2012

Rating agency Fitch Ratings has found convertible bonds have become an “appealing, more mainstream asset class”, but are still subject to investment and technical risks.

Dalton appoints portfolio manager to multi asset team

17 Sep 2012

Dalton Strategic Partnership has appointed Luca Vaiani as portfolio manager joining from Fondaco SGR.

James Hambro & Partners appoints partner

17 Sep 2012

Private asset manager James Hambro & Partners has appointed UBS Wealth Management’s James Horniman as a partner.

Fidelity to launch adventurous fund for Greetham

Fund Strategy - 17 Sep 2012

Fidelity Worldwide Investments is to add to its multi-asset range with the launch of an adventurous fund, to be managed by head of asset allocation Trevor Greetham.

Close Brothers hires private client strategies head

12 Sep 2012

Close Brothers Asset Management has named Penny Lovell as its head of private client strategies.

Esma appoints Danish regulator to management board

12 Sep 2012

The European Securities & Markets Authority (Esma) has appointed Julie Galbo to the management board.

Janus Capital appoints international marketing head

11 Sep 2012

Janus Capital International has appointed Karen Bennett as its head of marketing and communications for its non-US business.

McCoy returns to Standard Life Investments

11 Sep 2012

Standard Life Investments has appointed Odey Asset Management’s Wesley McCoy as investment director in its global equities team.

FSA fines BlackRock £9.5m over client money breaches

11 Sep 2012

The FSA has fined BlackRock Investment Management (UK) more than £9.5m for failing to protect client money adequately.

Ashmore reports pre-tax profits of £243m

11 Sep 2012

Performance fee use decreases, IMA survey reveals

10 Sep 2012

The use of performance fees declined for the first time in a a number of years, the Investment Management Association (IMA) annual asset management survey has revealed.

Equity fund sales drop in 2011, IMA finds

10 Sep 2012

Net retail sales of equity funds halved during 2011, the Investment Management Association (IMA) annual survey has revealed, with multi-asset funds emerging as the top-selling asset class.

IMA: Industry will need to prove value for charges

10 Sep 2012

The Investment Management Association (IMA) chief executive Richard Saunders says the debate on charges will need to move to one of value and its ability to provide it.

Swiss & Global launches emerging market corporate bond fund

10 Sep 2012

Swiss & Global Asset Management has added to its range with the launch of an emerging markets corporate bond fund.

Fidelity's Shah to raise exposure in European equities

Fund Strategy - 10 Sep 2012

GLG hires ex-Pimco managing director

7 Sep 2012

Man Group subsidiary GLG has appointed former Pimco managing director Sudi Mariappa to manage its absolute return fixed-income offering.

Fidelity's Shah: Why I'm shorting some miners

7 Sep 2012

Fidelity Worldwide Investments fund manager Sanjeev Shah has revealed how shorting some mining names has helped performance in his £2.3bn Fidelity Special Situation fund during 2012.

Henderson adds to credit team

6 Sep 2012

Henderson Global Investors has added to its credit team with the appointment of two senior analysts.

FSA to consult on changes to client assets regime

6 Sep 2012

The FSA has launched a consultation paper proposing a number of changes to the client assets regime for investment firms.

Appointments as Investec Wealth & Investment integrates Williams de Broë

6 Sep 2012

Investec Wealth & Investment announces appointments following integration of Williams de Broë employees and clients.

Significant equities correction in 2013, says Shah

5 Sep 2012

Fidelity Worldwide Investments fund manager Sanjeev Shah says he believes equities could see a significant correction in 2013.

Hargreaves: I'll carry on as long as I'm wanted

5 Sep 2012

Hargreaves Lansdown co-founder Peter Hargreaves says he will carry on at the FTSE 100-listed firm as long as he is wanted.

Henderson expands fixed income team

4 Sep 2012

Fund manager Jenna Barnard promoted to deputy head of retail fixed income.

Moody's downgrades European Union outlook

4 Sep 2012

Moody’s Investors Service has downgraded the long-term issuer outlook for the European Union from stable to negative, but has kept its Aaa rating.

Berry launches managed portfolio service

3 Sep 2012

Wealth manager Berry Asset Management has launched its managed portfolio service, which includes six investment strategies, to advisers.

SVM's Veitch sees approach of market inflection

3 Sep 2012

Markets are close to an inflection point, with investor focus set to return to value and a re-rating of cyclical stocks, according to SVM Asset Management’s Neil Veitch.

Schroders adds to multi-asset team

3 Sep 2012

Schroders has boosted its multi-asset and portfolio solutions team with the appointment of two senior analysts.

Henderson multi-manager fund given neutral rating

31 Aug 2012

The Henderson Multi-Manager Active fund has been given a neutral rating by Morningstar OBSR, after it was previously placed under review.

FSA: Fund sales slump could signal platform shift

31 Aug 2012

The FSA has revealed sales of Oeics and unit trusts fell by more than 20 per cent between April 2011 and March 2012.

Eurozone inflation to rise, latest estimates suggest

31 Aug 2012

The latest estimates for inflation in the eurozone has suggested an increase to 2.6 per cent during August, according to a flash estimate by the European Union’s statistical office Eurostat.

EU consumers confidence slumps

30 Aug 2012

The European Union’s economic sentiment indicator (ESI) has revealed a drop off in consumer confidence during August in both the euro area and in member states overall.

Pimco tops manager inflows, as Hasenstab fund sees €1.3bn outflows

30 Aug 2012

Pimco saw the largest inflows during July, with net flows of €3.9bn boosted by a clone of Bill Gross’s flagship fund, according to Morningstar.

Alliance Trust non-exec quits

30 Aug 2012

Alliance Trust non-executive director Conseulo Brooke has resigned from the board of the investment trust for personal reasons.

Pioneer Investments adds to multi-asset team

29 Aug 2012

Pioneer Investments has added to its multi-asset investment team with the appointment of Nicholas Pothier as senior portfolio manager.

The Share Centre reveals July's top-selling consumer funds

29 Aug 2012

The Share Centre has revealed income funds were among the most popular for consumers during July.

Active management usage increases to 80% among advisers

28 Aug 2012

The percentage of advisers using active fund management strategies has increased to its highest level this year, according to the latest Platforum report.

Fund picking and discretionary fund manager use rises in Q3

Fund Strategy - 27 Aug 2012

UK growth expected to return in third quarter with Olympic boost

Fund Strategy - 27 Aug 2012

The UK economy is expected to return to growth after a dismal second quarter, according to Schroder Investment Management chief economist Keith Wade.

Ex-cautious sector comes in top for platform IFAs during Q2

24 Aug 2012

The IMA Mixed Investment 20-60% Shares sector was the most popular destination for IFAs investing via platforms during the second sector.

Eurozone to drop back into recession

23 Aug 2012

The eurozone is likely to return to recession during the third quarter of the year, after eurozone as both the manufacturing and services sectors contracted again.

Fed minutes suggest QE3, says Capital Economics

23 Aug 2012

The latest minutes from the US Federal Open Market Committee “strongly suggest” a third round of quantitative easing (QE3) will be launched in mid-September, according to Capital Economics.

FSA: Ucis restrictions will apply to some structured products

22 Aug 2012

The proposed ban on unregulated collective investment schemes (Ucis) to retail investors could be applied to some structured products, the FSA has revealed.

Ucis regulation changes to cost industry millions

22 Aug 2012

Distributor firms are likely to bear the costs of new regulation for unregulated collective investment schemes (Ucis), through increased compliance costs and changing product literature.

Capital Economics: Brent crude still likely to end 2012 below $100

22 Aug 2012

Brent crude oil is still likely to end the year below $100 per barrel, despite ongoing concerns over the political climate in the Middle East, according to Capital Economics.

Multi-asset manager Spinks leaves Schroders

21 Aug 2012

Schroders multi-asset portfolio manager Mike Spinks is to leave Schroders to pursue opportunities outside the group.

Hearthstone launches discounted offers for property fund

21 Aug 2012

Hearthstone Investments has launched two discounted offers for its recently-launched TM Hearthstone UK Residential Property fund.

Swip confirms manager departure

21 Aug 2012

Scottish Widows Investment Partnership (Swip) has confirmed the departure of fund manager Jeremy Charles, manager of the Scottish Widows UK Growth fund.

BNY Mellon expands distribution team

20 Aug 2012

BNY Mellon has expanded its wholesale distribution team, with the appointment of RSM Tenon’s Adrian Gough and Standard Life’s Russell Bignall.

Ma takes over Fidelity China fund

20 Aug 2012

Raymond Ma has taken over management of the Fidelity Funds Greater China fund from Joseph Tse, who has left the asset manager.

IMA: 'Very little demand' for long-term gilts

17 Aug 2012

The Investment Management Association (IMA) says its members foresee “very little demand for super-long term or perpetual gilts”.

HSBC launches India fixed income fund

17 Aug 2012

HSBC Global Asset Management has launched a Luxembourg-domiciled Indian fixed income Ucits fund.

First State names property securities head replacement

17 Aug 2012

First State Investments has named Stephen Hayes as head of property securities following the resignation of Andrew Nicholas has resigned.

Fidelity to rename UK Aggressive fund

16 Aug 2012

Fidelity Worldwide Investment has confirmed it is to rename the £167m Fidelity UK Aggressive fund, managed by Aruna Karunathilake.

Inflation stays stable in EU and eurozone during July

16 Aug 2012

Eurozone and European Union annual inflation remained stable during July at 2.4 per cent and 2.5 per cent, respectively.

FundsNetwork reveals most popular fund in July

15 Aug 2012

The Fidelity FundsNetwork platform has revealed that the biggest selling fund during July was the Fidelity MoneyBuilder Income fund, with the Mixed Investment 20-60% Shares the top sector choice.

Bank had expected lower inflation in second half of 2012

15 Aug 2012

The Bank of England’s monetary policy committee had expected inflation was expected to fall back further this year, before the Office for National Statistics revealed it had increased earlier this week.

Allianz re-opens renminbi bond fund

15 Aug 2012

Allianz Global Investors has re-opened its offshore Allianz RCM Renminbi Fixed Income fund, following sustained interest in the market.

Lloyds sells loss-making private equity portfolio

15 Aug 2012

Lloyds Banking Group is to sell a £1.1bn portfolio of private equity investments.

Eurozone and EU GDP shrinks by 0.2%

14 Aug 2012

Both eurozone and European Union GDP slipped by 0.2 per cent during the second quarter of 2012, according to latest estimates.

France and Germany GDP surprises

14 Aug 2012

France and Germany have surprised analysts after GDP growth came in better than expected during the second quarter of the year, according to early estimates.

Saltus Fund Management acquires Montague Capital

13 Aug 2012

Saltus Fund Management has acquired Midlands-based discretionary fund manager Montague Capital.

Winterflood: Alliance Trust is 'work in progress'

13 Aug 2012

Performance remains an issue for Alliance Trust after its restructure and partnership with Aviva

Henderson to close Japanese absolute return fund

13 Aug 2012

Henderson Global Investors is to close the £2.8m Henderson Japan Absolute Return fund, managed by John Stewart and Robert Tull.

Alliance Trust is 'work in progress'

Fund Strategy - 13 Aug 2012

Performance remains an issue for Alliance Trust after its restructure and partnership with Aviva

Wheatley Review: Unchanged Libor 'not a viable option'

10 Aug 2012

The Wheatley Review into Libor has ruled out leaving Libor unchanged, given the weaknesses and loss of credibility the inter-bank lending rate has suffered.

IFA firm Chapel partners with Architas

9 Aug 2012

Chapel Independent Financial Advisers has partnered with Architas to launch a number of risk-managed portfolios.

WH Ireland hires private wealth management head

9 Aug 2012

WH Ireland has appointed Richard Killingbeck as head of private wealth management, who will take over from John Scott.

T Bailey takes on Amati Global Investors

8 Aug 2012

T Bailey has been appointed as authorised corporate director and administrator for the Amati Global Investors UK Smaller Companies fund.

Investec Mundy fund under review after manager change

8 Aug 2012

Fund rating agency Morningstar OBSR has placed the Investec American fund under review after the asset manager handed the fund to Alistair Mundy.

Old Mutual regional sales manager to depart

7 Aug 2012

Old Mutual Asset Managers regional sales manager Simon Cowan is to leave the company as one of the casualties of the redundancy programme, Fundweb.co.uk understands.

Axa confirms F&C appointment

7 Aug 2012

Axa Investment Managers has confirmed F&C’s Stewart McAndie will join in October.

Legal & General Investment Management grows inflows in first half

7 Aug 2012

Legal & General Investment Management (LGIM) has revealed net inflows grew by £1bn, year-on-year, during the first half to £4bn.

Wilmont leaves Axa Investment Managers

6 Aug 2012

Axa Investment Managers head of European high yield Andrew Wilmont is to step down to pursue other opportunities.

Government awards green mandates to specialist fund managers

6 Aug 2012

Business Secretary Vince Cable has awarded two mandates worth up to £100m to specialist fund managers as part of its commitment to green investing.

Buffett makes derivative losses in second quarter

6 Aug 2012

Billionaire US investor Warren Buffett made huge losses on derivative contracts during the second quarter of the year, according to the latest results published by his firm Berkshire Hathaway.

US job boost helps European markets rise

3 Aug 2012

The US Bureau of Labor Statistics has revealed 163,000 jobs were added during July, although the unemployment rate remained unchanged at 8.3 per cent.

NS&I exceeds financing targets

2 Aug 2012

National Savings & Investments (NS&I) raised £18m more than its £4bn target in net financing during 2011/2012, as market volatility pushed savers towards the government-backed savings company.

We handled Libor situation adequately, says US Treasury Sec Geithner

1 Aug 2012

US Treasury Secretary Tim Geithner has refused to comment on whether other large international and US banks may face similar punishments to Barclays over Libor manipulation.

Jupiter profits slip 16% in first half

1 Aug 2012

Jupiter Fund Management saw its profits slip during the first six months of the year, as assets under management climbed higher.

Closed-end Cazenove investors vote for winding up

31 Jul 2012

Closed-end fund will be wound with cash returned or investors rolled into open-ended fund.

Barclays to launch discretionary service on Elevate

31 Jul 2012

Barclays is to launch its five actively-managed portfolio on Axa Wealth’s Elevate platform.

Ashburton to close funds after review

30 Jul 2012

Several offshore funds to close following strategic reivew by Ashburton.

Janus Capital names Matthew Nagele as head of UK business

30 Jul 2012

Ex-Castle Trust managing director joins Janus Capital International as head of UK.

European ETF guidelines will hurt asset manager profits

30 Jul 2012

Asset managers to be hit by ban on securities lending and increased compliance costs.

Offshore funds return to net inflows in June

27 Jul 2012

Offshore funds generated net retail sales of £393m in June.

Fidelity hires Schroders bond manager

27 Jul 2012

Fidelity Investments has hired Schroders bond fund manager Michael Foggin.

European Commission launches fund consultation

26 Jul 2012

Commission to consider investment fund issues.

Rathbone Brothers funds under management grow by 5%

26 Jul 2012

Rathbone’s first half pre-tax profits slip to £19.9m.

Simon Weldon to leave Premier

25 Jul 2012

Weldon leaves as part of corporate restructure and streamlining of sales & marketing.

European Commission to take action over Libor fixing

25 Jul 2012

Manipulation of Libor rate could be made criminal offence under proposals.

BlackRock launches global absolute return bond fund

25 Jul 2012

Offshore Global Absolute Return Bond fund to be managed by Ian Winship.

Gam creates investment advisory board

25 Jul 2012

Board will determine invesment startegy for discretionary managed portfolio business.

Turner: We over-did 'light touch' regulation

25 Jul 2012

FSA chairman says ‘light touch’ regulation was thought to be good for economy.

M&G plans to slow inflows into Woolnough's £11.4bn corporate bond range

24 Jul 2012

M&G Investment is looking at ways to stem inflows into Richard Woolnough’s £6.3bn Corporate Bond and £5.1bn Strategic Corporate Bond funds.

Man Group continues with job cuts as assets fall by $5.7bn

24 Jul 2012

Further $100m in cost savings announced in interim results.

Euro government debt increases during Q1

23 Jul 2012

The government debt to GDP ratio for eurozone members increased to 88.2 per cent at the end of the first quarter

MAM Funds assets increase by £58m

23 Jul 2012

MAM reports rise in assets under management of 3.5 per cent.

UK dividends soar to record high of £22.6bn during Q2

23 Jul 2012

UK dividends grew by 18.4 per cent to £22.6bn during the second quarter, according to the Capita Registrars ‘Dividend Monitor’.

Woodford: European weakness likely to get worse

20 Jul 2012

Star manager says headwinds getting “harder not weaker”.

US asset manager launches emerging market equity fund

20 Jul 2012

US-based asset manager launches emerging markets fund for UK investors.

Close Brothers expects 'solid performance'

20 Jul 2012

Low investor risk appetite affects subsidiary Winterflood.

Jupiter picks SEI for private client platform

19 Jul 2012

Jupiter chooses SEI to power £1.8bn private client business.

BlackRock fund retains rating as manager leaves

19 Jul 2012

Morningstar OBSR maintains ‘bronze’ rating for BlackRock Global Equity fund.

Liontrust sees net inflows for eighth consecutive quarter

19 Jul 2012

Net sales aided by long-term performance, says Liontrust chief Ions.

db X-trackers launches China A-shares ETF

18 Jul 2012

Exchange-traded fund provider launches China A-shares product in London.

Rathbone's Jones to consider index-linked bond move

18 Jul 2012

Recent rate fall could make bonds more attractive, says Bryn Jones.

More QE better than interest rate cut for inflation, finds Bank

18 Jul 2012

Expansion of the asset purchase scheme better at cutting inflation, finds MPC.

Hexam emerging markets fund removed from Wealth 150

18 Jul 2012

Hargreaves Lansdown removes Hexam Global Emerging Markets fund from buy-list.

Winterflood welcomes global repositioning

Fund Strategy - 16 Jul 2012

Italy downgraded by Moody's

13 Jul 2012

Rating agency Moody’s Investors Service has downgraded Italy’s government bond rating by two notches to ‘Baa2’ from its previous ‘A3’ rating.

Efama: Sales of Ucits funds rises for fifth month

12 Jul 2012

The European Fund & Asset Management Association (Efama) has revealed net sales of Ucits funds increased for a fifth consecutive months during May.

Fitch: Money market fund soft closures could continue

11 Jul 2012

Several providers have recently soft-closed money market funds over the ECB rate move.

Ignis appoints Aviva's Soutter for product development role

11 Jul 2012

Jeremy Soutter joins Ignis in same global head of product development role.

Advert watchdog chucks out NS&I complaint

11 Jul 2012

Advertising Standards Authority rejects National Savings & Investment complaint

Investec expands structured products sales team

10 Jul 2012

Three recrutied to Investec Structured Products sales team.

Investec's Mundy to hand over Managed Distribution fund

10 Jul 2012

Investec Asset Management is to hand over the Managed Distribution fund to Stopford team

Duffield's Brompton gears up for multi-manager launches

9 Jul 2012

Brompton Asset Management, the investment management business launched by former New Star boss John Duffield, is to launch three multi-manager products.

Alliance Trust Investments to close equity funds

Fund Strategy - 9 Jul 2012

Posen successor on MPC named

6 Jul 2012

Alliance Trust to close three funds

5 Jul 2012

Hexam to close emerging Europe fund

5 Jul 2012

Moody's downgrades Barclays outlook

5 Jul 2012

Ex-Fidelity CIO joins Royal London board

4 Jul 2012

Hargreaves Lansdown removes another Jupiter fund from Wealth 150

4 Jul 2012

Time for UK regulators to pay whistleblowers

3 Jul 2012

BlackRock to acquire Swiss Re private equity business

3 Jul 2012

Barclays chief exec Bob Diamond quits

3 Jul 2012

Close Brothers appoints strategic relationships head

2 Jul 2012

Psigma appoints chief operating officer

2 Jul 2012

Barclays hit by £290m fines for rate manipulation

Fund Strategy - 2 Jul 2012

FSA's ban on cash rebates sparks heated debate

Fund Strategy - 2 Jul 2012

Risk averse investors flee emerging markets, finds Morningstar

28 Jun 2012

Threadneedle wins investment trust mandate

28 Jun 2012

EU consults on pay for alternative fund managers

28 Jun 2012

IMA consults on fund charges disclosure

28 Jun 2012

FSA fines Barclays £59.5m over Libor and Euribor misconduct

27 Jun 2012

Fidelity: Few surprises in platform paper

27 Jun 2012

No changes to platform or charges, says Hargreaves

27 Jun 2012

Korea index change could impact emerging markets funds

26 Jun 2012

Cyprus approaches Eurogroup for aid

26 Jun 2012

Absolute Return Trust in wind down proposal

25 Jun 2012

Spanish government seeks bank bailout funds

25 Jun 2012

Walker Crips raises £1.7m from Liontrust share sale

25 Jun 2012

Fears raised over index rejig for Korea

Fund Strategy - 25 Jun 2012

Fitch: China slowdown slower than 2008

22 Jun 2012

Treasury consults on Scottish gilts

22 Jun 2012

JP Morgan appoints global fixed income head

22 Jun 2012

Fidelity fund awarded four stars by Bestinvest

21 Jun 2012

Tonkinson named global distribution head for Skandia, Old Mutual

21 Jun 2012

Greetham: Eurozone needs United States of Europe

20 Jun 2012

European Wealth hires head for fixed interest division

20 Jun 2012

King wanted to add £50bn to QE programme

20 Jun 2012

M&G to launch Episode Defensive fund

19 Jun 2012

Palmer Capital hijacks property investor bid

19 Jun 2012

Gemini & 2CG team up for launch

18 Jun 2012

MAM confirms fund sector change

18 Jun 2012

GLG to soft close Lagrange fund

18 Jun 2012

£48.3m boost prompts EEA to reopen life settlements fund

Fund Strategy - 18 Jun 2012

Think tank accuses IMA of lacking transparency

Fund Strategy - 18 Jun 2012

Insolvency Service warns on investment scams

15 Jun 2012

Feeney named Old Mutual Wealth Management chief

15 Jun 2012

Government to split retail and investment banking

14 Jun 2012

Foresight Solar VCT chairman dies

14 Jun 2012

Foreign investment to Europe doubles in 2011

13 Jun 2012

FTSE property fund launch delayed

13 Jun 2012

EEA Life Settlements fund to reopen to investors

12 Jun 2012

BlackRock fund ratings under review as Doll retires

12 Jun 2012

Ex-FSA markets director joins London Stock Exchange

12 Jun 2012

Advisers unfazed by FSA's focus on CIPs

11 Jun 2012

Brazil has entered "sluggish growth" period, says Mobius

11 Jun 2012

Changes will hit savers, KPMG warns

Fund Strategy - 11 Jun 2012

Nick Train adds to Nintendo holdings

8 Jun 2012

IMA: Money Advice Service should be accountable to providers

7 Jun 2012

Barings multi-asset team goes defensive

7 Jun 2012

Man Group relegated from FTSE 100, Babcock promoted

6 Jun 2012

BlackRock’s Doll to retire

6 Jun 2012

KPMG raises concerns over "play it safe" advisers

6 Jun 2012

Whistleblowing - to pay or not to pay?

1 Jun 2012

City Asset Management founder dies

1 Jun 2012

Six things the EU thinks the UK should do about the economy

1 Jun 2012

Next Scottish Widows chairman named

31 May 2012

Flash estimate suggests eurozone inflation drop

31 May 2012

Sales of offshore funds peak in April

31 May 2012

Yearsley leaves Hargreaves Lansdown

30 May 2012

Cazenove trust shifts to cash ahead of continuation vote

30 May 2012

Edinburgh US Tracker gets policy change go-ahead

29 May 2012

Franklin Templeton launches RDR share classes

29 May 2012

Russell Investments adds fixed income specialist

29 May 2012

TQ Invest removes Shah and Brough funds from Hero list

29 May 2012

Architas restructures multi-manager range

28 May 2012

Invista European Real Estate to begin realisation strategy

28 May 2012

Bloxham Wealth reassures as regulator takes action over former parent

28 May 2012

Prudential appoints Paul Manduca as chairman

28 May 2012

Hero panel ejects Shah’s Special Sits

Fund Strategy - 28 May 2012

Octopus Apollo VCTs could be merged

25 May 2012

Threadneedle fund downgraded after manager exit

24 May 2012

Webb Capital named manager on former T1ps funds

24 May 2012

Threadneedle government bond head quits

24 May 2012

Moody’s: Man Group still under review

23 May 2012

Unicredit to sell London Stock Exchange stake

22 May 2012

S&P: Europe equity managers flock to high conviction ideas

22 May 2012

Europeans want cuts and growth measures

22 May 2012

Adviser use of multi-manager funds soars in Q1

22 May 2012

Japan downgraded by Fitch

22 May 2012

Investment complaints drop, reports Financial Ombudsman Service

22 May 2012

Barclays to sell entire BlackRock stake

21 May 2012

All asset classes growing, says Camradata

21 May 2012

Adviser use of multi-managers soars

Fund Strategy - 21 May 2012

Managers want more measures for growth

Fund Strategy - 21 May 2012

MAM changes Miton funds sectors

18 May 2012

F&C to launch US value investment trust

17 May 2012

Private equity group 3i names chief executive

17 May 2012

Santander appoints CIO as Bearman leaves

16 May 2012

IMA chief Richard Saunders to step down at end of 2012

15 May 2012

Insight currency head Thomas to depart

14 May 2012

Standard Life trust makes manager change

14 May 2012

Skandia adds BlackRock to best ideas fund

11 May 2012

BlackRock appoints co-manager for corporate bond fund

10 May 2012

IMA calls on flexibility for smaller alternative managers

10 May 2012

Aviva Investors appoints interim chief

10 May 2012

Eurozone policies unlikely to solve problems, say asset managers

9 May 2012

Friends Life asset manager on track for launch

9 May 2012

iShares launches European country-focused bond funds

9 May 2012

M&G dominates retail sales in Q1

9 May 2012

Alternatives should be available to high net worths, says hedge fund body

8 May 2012

Manufacturers predict export rise in 2012

8 May 2012

Fitch: Hollande election has no implications for AAA France

8 May 2012

LGIM's head of equities to join Tesco pension arm

4 May 2012

Madoff fraud shows Ucits flaws, says EU commissioner

4 May 2012

Offshore fund sales almost double in March

4 May 2012

Nerves fuelling strategic bond sales, says AWD Chase de Vere's Connolly

3 May 2012

IMA: ISA sales fall by almost £2bn for 2011-12

3 May 2012

Bestinvest downgrades property funds

3 May 2012

JP Morgan names lead manager for Japan Smaller Companies trust

1 May 2012

Fixed income fund inflows top £30bn in Q1

1 May 2012

Treasury minister: Tougher financial services regulation needed

30 Apr 2012

Goldman fund downgraded over turnover concerns

30 Apr 2012

FSA launches Arch cru redress consultation

30 Apr 2012

Aberdeen reports half-year profit rise

30 Apr 2012

Watchdog set to ban retail promotion of TLPIs

Fund Strategy - 30 Apr 2012

EU regulator rails against commission

27 Apr 2012

More powers to regulate shadow banking, argues European commissioner

27 Apr 2012

Portuguese bond issue oversubscribed

26 Apr 2012

Quilter expands investment team

26 Apr 2012

Old Mutual and Skandia to merge

26 Apr 2012

Transactions tax should go ahead without support, argue EU politicians

25 Apr 2012

Skandia swaps asset managers on US fund

25 Apr 2012

Carmignac to launch fund range for UK

24 Apr 2012

Chancellor shouldn't throw good money after bad, says IoD

24 Apr 2012

Sants: 6% of significant influence applications withdrawn over serious concerns

24 Apr 2012

Aifa: Three-quarters of adviser firms ready for RDR

24 Apr 2012

Distribution a “stumbling block” for competition

23 Apr 2012

Threadneedle names successor for House funds

23 Apr 2012

Witan Pacific replaces Nomura with two managers

23 Apr 2012

Some products face '5% test' to be equity Isas, taxman warns

Fund Strategy - 23 Apr 2012

Boutique Oriel Asset Management to launch Ucits IV fund

20 Apr 2012

Treasury Committee concerned by Bank of England governor stories

20 Apr 2012

Merchant House shares suspended following internal capital review

20 Apr 2012

Huet Capital rebrands as Host

19 Apr 2012

iShares launches emerging market corporate bond ETF

19 Apr 2012

HMRC ISA guidance could target structured products

18 Apr 2012

Iveagh scraps performance fee

18 Apr 2012

VCT fundraising reaches lowest level since crisis

18 Apr 2012

Inflation to rise higher than projections, says Bank of England

18 Apr 2012

Some funds may be ineligible for ISAs post-RDR, says HMRC

18 Apr 2012

Vodafone takes on Indian government over tax

17 Apr 2012

Inflation increases to 3.5% in March

17 Apr 2012

Spanish bond yields jump on bailout concerns

16 Apr 2012

EU derivatives rules negative for asset managers, says Moody's

16 Apr 2012

Bolton to stay at China investment trust longer

16 Apr 2012

BlackRock to make changes to Global Equity fund

13 Apr 2012

Government's Lloyds strategy under question, says Mumford

13 Apr 2012

Kames switches Inflation Linked fund to new sector

13 Apr 2012

Swip cuts 23 roles in equities overhaul

13 Apr 2012

Hargreaves Lansdown attacks Standard Life fund manager

12 Apr 2012

Exchange-traded product flows reach $67.3bn in Q1

12 Apr 2012

Ashcourt Rowan appoints investment chief

11 Apr 2012

Bond fund sales highest since 2005, Lipper reports

11 Apr 2012

EU and US to create "open and stable investment climate"

11 Apr 2012

FSA downgrades investment rate of returns

10 Apr 2012

FSA to get tough on ‘poor practice’

Fund Strategy - 9 Apr 2012

VCT investment cap postponement welcomed

5 Apr 2012

Offshore fund sales return to inflows

5 Apr 2012

Neptune sales exits prompt structural review

4 Apr 2012

Blacksquare to close fund of absolute return funds

4 Apr 2012

IMA backs European regulator over standardised regulation

3 Apr 2012

Credit Suisse suspends Indian ETF

2 Apr 2012

Investment management to grow through transactions, finds KPMG

2 Apr 2012

MAM Funds on the hunt for ‘like-minded’ talent

Fund Strategy - 2 Apr 2012

Veritas and JP Morgan funds downgraded by Morningstar OBSR

30 Mar 2012

BlackRock international retail head joins Jupiter

30 Mar 2012

Fitch affirms European Union AAA rating

29 Mar 2012

Merchant House shares suspended from AIM

29 Mar 2012

Shant to take over Newton European Higher Income fund

29 Mar 2012

Laxey challenges Alliance Trust to release capital

29 Mar 2012

Bestinvest tells investors to sell BlackRock fund

28 Mar 2012

Barclays heads most-complained investment list

28 Mar 2012

PRIPs advisers 'don't always have clients' best interests at heart', says EU

28 Mar 2012

Mercantile investment trust to address “disappointing” performance

27 Mar 2012

Martin Currie strengthens global industrials and utilities team

27 Mar 2012

Ashcourt Rowan’s Sinclair promoted to board

27 Mar 2012

F&C’s Tigue appointed to JP Morgan investment trust board

26 Mar 2012

FSA fines Coutts £8.75m for anti-money laundering failings

26 Mar 2012

Qualified response to perpetual gilts proposal

Fund Strategy - 26 Mar 2012

EU claims Tobin tax will halve national contributions

23 Mar 2012

Manager change for Newton Bridge fund

23 Mar 2012

Ignis assets grow to £81.5bn

23 Mar 2012

FSA to publish platform paper in first quarter

22 Mar 2012

Property trust adds ex-Pru finance officer to board

22 Mar 2012

Aviva fund rating dropped by OBSR

21 Mar 2012

Budget 2012: What planet is chancellor living on, asks Miliband

21 Mar 2012

Hargreaves removes income fund pair from Wealth 150

21 Mar 2012

Active strategy proposed for Edinburgh US Tracker trust

21 Mar 2012

Skandia drops Goldman Sachs from European fund

21 Mar 2012

IFAs choose UK, emerging markets and US tracker funds

20 Mar 2012

Kames fund added to Hargreaves Wealth 150

20 Mar 2012

Exits from eurozone wouldn’t make sense, says Mobius

20 Mar 2012

Pictet launches multi-asset fund

19 Mar 2012

ECB financing “like giving heroin to a drug addict”, says Legg Mason

19 Mar 2012

Barclays launches discretionary management service

19 Mar 2012

Barclays launches discretionary management service

Fund Strategy - 19 Mar 2012

London or London't

16 Mar 2012

FSA's Sants to step down in June

16 Mar 2012

Alliance Trust Investments adds investment managers

15 Mar 2012

AIFMD could drive costs higher for small fund managers

15 Mar 2012

Witan increases dividend but lags benchmark

15 Mar 2012

Fed stress-test results a “significant step in recovery”, says de Blonay

14 Mar 2012

Advisers to increase investment trust exposure

14 Mar 2012

Man Group launches commodities fund

14 Mar 2012

JP Morgan investment trust undergoes overhaul

13 Mar 2012

Activist requisitions review of Alliance Trust

13 Mar 2012

FSA fines Credit Suisse head of European credit sales £210,000

13 Mar 2012

Adviser-sponsored Oeics could lead to conflict

13 Mar 2012

Structured products and Ucits IV no longer a high priority, says FSA

13 Mar 2012

Exchange-traded products an "emerging risk", warns FSA

13 Mar 2012

Standard Life Investments profits grow

13 Mar 2012

Liontrust to acquire Walker Crips Asset Managers

13 Mar 2012

SVG restructures board

12 Mar 2012

Shore Capital hires senior adviser

12 Mar 2012

EIS launched with Lansdown backing

12 Mar 2012

Aberdeen joins luminaries on blue chip 100 list

Fund Strategy - 12 Mar 2012

Winterflood urges investors to ditch Alliance

Fund Strategy - 12 Mar 2012

FSA puts firm into special administration regime

9 Mar 2012

Skandia sales flat as profit drops

9 Mar 2012

Fund pickers on the wane as advisers choose model portfolios, Platforum finds

8 Mar 2012

Aberdeen non-exec steps down

8 Mar 2012

European Union says Thomson Reuters investigation at “critical stage”

8 Mar 2012

Henderson co-head of global distribution leaves

8 Mar 2012

Schroders chair and investment chief step down

8 Mar 2012

Aberdeen to become latest FTSE 100 member

7 Mar 2012

BlackRock fund placed under review after manager leaves

7 Mar 2012

Investment claims management advert complaint thrown out

7 Mar 2012

Advisers focused on wealth preservation in 2012, says Fidelity

6 Mar 2012

iShares adds two products to range

6 Mar 2012

BlackRock wins investment trust mandate

6 Mar 2012

S&P says Invesco fund rating "under pressure"

5 Mar 2012

Henderson SRI team joins boutique WHEB

5 Mar 2012

Banking sector needs fixing to ensure growth

Fund Strategy - 5 Mar 2012

Newton private client CIO leaves

2 Mar 2012

OBSR suspends JP Morgan fund rating in manager reshuffle

2 Mar 2012

Martin Currie relaunches European fund

1 Mar 2012

Morningstar names award winners

29 Feb 2012

Newton hires investment manager for private client team

28 Feb 2012

Horlick launches Rockpool Investments

28 Feb 2012

Fidelity launches global high yield fund

28 Feb 2012

Bank governor being 'smart' over easing, says M&G

27 Feb 2012

IMA cool on trail commission clarification

27 Feb 2012

Woodford attacks ‘defensive’ label

27 Feb 2012

Cazenove appoints financial planning director

27 Feb 2012

Schroders to launch European Total Return fund

27 Feb 2012

Global economy in ‘painful deleveraging process’

Fund Strategy - 27 Feb 2012

Woodford attacks ‘defensive’ label

Fund Strategy - 27 Feb 2012

Threadneedle fund awarded four stars

23 Feb 2012

OBSR downgrades BlackRock UK fund

22 Feb 2012

Invesco’s Read and Causer pulled from SJP fund

22 Feb 2012

Bestinvest reveals "dog" funds

21 Feb 2012

FSA gains injunction against spread bet returns firm

21 Feb 2012

Greece to get next bailout tranche

21 Feb 2012

Thomson Reuters launches fund manager prediction model

20 Feb 2012

JP Morgan fund added to Hargreaves Lansdown Wealth 150

20 Feb 2012

Investec recruits former IMF director

20 Feb 2012

EU barometer finds lack of commission transparency

20 Feb 2012

Fees, foes, funds

17 Feb 2012

Establish Tobin tax now, says European regions committee

17 Feb 2012

OBSR removes Henderson fund from ratings service

17 Feb 2012

TER is "misleadingly named", says City veteran

16 Feb 2012

City Financial makes board appointments

16 Feb 2012

Quilter adds to investment team with Towry appointment

16 Feb 2012

Investors push gold demand to more than $200bn

16 Feb 2012

Tesco Bank to add former Barclays retail chief to board

15 Feb 2012

Aberdeen investment trust chairman to step down

15 Feb 2012

Legg Mason fund added to Hargreaves Lansdown Wealth 150

15 Feb 2012

FSA fines firm £97,600 over Ucis failings

15 Feb 2012

Merrill Lynch Wealth Management makes appointments

15 Feb 2012

Henderson to "rationalise" fund range

14 Feb 2012

Inflation to drop to 2% by end of year, says Bank’s King

14 Feb 2012

UK inflation shrinks in January

14 Feb 2012

Newton makes fixed income hire

13 Feb 2012

The Share Centre names most bought consumer funds in January

13 Feb 2012

Newton Asian Income fund added to Hargreaves Lansdown Wealth 150

13 Feb 2012

‘Worrying’ response over impact of RDR on ITs

Fund Strategy - 13 Feb 2012

Buffett eschews gold for “productive assets”

10 Feb 2012

Fed fines five banks $766.5m over mortgage failings

10 Feb 2012

Brainspark pays creditors in court battle

9 Feb 2012

Fatca proposals will cut cost by $10bn, says KPMG

9 Feb 2012

Alliance Trust Savings boss quits

9 Feb 2012

Barings manager Harte leaves after fund merger

8 Feb 2012

Walker Crips appoints CIO

8 Feb 2012

Skandia cuts Aviva mandate from UK Strategic Best Ideas

7 Feb 2012

RLAM reports 67% new business drop

7 Feb 2012

FTSE 100 company pays $22m to regulator over Greek bribes

6 Feb 2012

Lack of investment risk appetite "worrying", says Axa Wealth

6 Feb 2012

Fidelity fund rating under review following manager exit

6 Feb 2012

JP Morgan joins with Source for volatility ETF

6 Feb 2012

Barclays to launch onshore Radar fund

6 Feb 2012

Hidden costs campaign sparks industry debate

Fund Strategy - 6 Feb 2012

FSA takes action against UBS over rogue trades

3 Feb 2012

Hargreaves Lansdown criticises Manek Growth

2 Feb 2012

Franklin Templeton Mena investment chief leaves

2 Feb 2012

Lombard makes senior management changes

1 Feb 2012

SR Europe investment trust could wind up

1 Feb 2012

Barings appoints Latin American fund manager

1 Feb 2012

VCTs to drop Axa Framlington

1 Feb 2012

Ashcourt Rowan director steps down

1 Feb 2012

Friends Life gives F&C 12 month’s notice to pull £2.3 billion

31 Jan 2012

Olympic gains

27 Jan 2012

Germany and rest of world in disagreement, says Soros

27 Jan 2012

Pair linked to insider dealing hedge fund fined by FSA

27 Jan 2012

IMA challenges hidden charges claims

27 Jan 2012

BlackRock confirms retail appointments

26 Jan 2012

US hedge fund and owner fined £7.2m

25 Jan 2012

IMA launches 0-35% mixed investment sector

25 Jan 2012

Dalton overhauls management structure

25 Jan 2012

UK economy shrinks in final quarter of 2011

25 Jan 2012

Novia gets financial strength rating boost

24 Jan 2012

Quilter bought by private equity firm Bridgepoint

24 Jan 2012

HSBC cancels $62.5m settlement over Madoff fund

23 Jan 2012

Provider most important for investors, finds L&G

23 Jan 2012

EU commissioner sets out regulatory agenda

23 Jan 2012

Way Group appoints fund manager

23 Jan 2012

Dogs of FTSE 100 fund closes

23 Jan 2012

MAM Funds assets flat as Midas redemptions match inflows

23 Jan 2012

Regulator attacked over ‘toxic’ label

Fund Strategy - 23 Jan 2012

Investment trust stalwart Ruddick joins City of London Group board

19 Jan 2012

Henderson appoints fixed income head

19 Jan 2012

St James's Place reports 10% rise in inflows

19 Jan 2012

Threadneedle fund placed under review by S&P

18 Jan 2012

Aberdeen names Asia Pacific strategy and asset allocation head

18 Jan 2012

Standard Life Investments launches MyFolio income range

18 Jan 2012

Robin Hood tax would undermine single market, claims Aima

18 Jan 2012

FSA guidance on legacy business “unclear and incomplete”, says IMA

17 Jan 2012

Newton announces management shake-up

17 Jan 2012

Bank says more accountability needed

17 Jan 2012

Middle East closed-end fund to list on Aim

17 Jan 2012

Lazard launches "controlled volatility" fund

16 Jan 2012

The Share Centre reveals most bought consumer funds in December

16 Jan 2012

Barings launches global mining fund

16 Jan 2012

Bestinvest awards Baronsmead VCTs five stars

16 Jan 2012

France downgrade "disappointing", says Fidelity chief Rossi

16 Jan 2012

France and Austria lose AAA status, Italy downgraded

14 Jan 2012

Falklands or Malvinas?

13 Jan 2012

Treasury Committee asks for review into pre-approved products

13 Jan 2012

Fitch downgrades four Hungarian banks

12 Jan 2012

Thousands of jobs to go at RBS

12 Jan 2012

VCTs upgraded by Bestinvest

11 Jan 2012

RBS and Lloyds stake sales to take longer, says UKFI

11 Jan 2012

Tobin tax is a political fig leaf

10 Jan 2012

Kames poaches First State CFO Cooper

10 Jan 2012

Net retail sales slump in November, says IMA

9 Jan 2012

Ascentric names sales and marketing director

9 Jan 2012

Allianz RCM UK Growth fund comes under fire

9 Jan 2012

Dexion hires JP Morgan Cazenove’s Skinner

9 Jan 2012

Optimism and revenues plummet in fourth quarter, says PwC survey

9 Jan 2012

Low demand prompts IMA to shelve new sector

Fund Strategy - 9 Jan 2012

Would Scottish independence affect investors?

6 Jan 2012

Yeadon appointment confirmed

5 Jan 2012

Alliance Trust’s Knox to retire

5 Jan 2012

Non-bank UK companies profitability beats estimates

4 Jan 2012

Life settlements in spotlight again as US regulator probes brokerage

4 Jan 2012

M&G to launch international equity fund next month

3 Jan 2012

M&G appoints deputy fund manager

3 Jan 2012

Bestinvest downgrades First State funds

30 Dec 2011

Italy borrowing costs drop slightly

29 Dec 2011

Hargreaves Lansdown removes First State funds from Wealth 150

29 Dec 2011

OBSR makes fund rating changes

23 Dec 2011

US growth revised down again

22 Dec 2011

Blue Planet looking to merge 12 trusts

22 Dec 2011

Are politicians right to bash the ratings agencies?

22 Dec 2011

Russia could become like Egypt, says Liontrust’s Flanagan

21 Dec 2011

Artemis fund removed from Wealth 150

21 Dec 2011

Monetary Policy Committee unanimous in rate and QE decision

21 Dec 2011

Investment trust acquires Barclays assets in £143.4m deal

20 Dec 2011

Aviva to close Manager of Managers Income fund

20 Dec 2011

US regulators charge ex-Madoff employee who hid ponzi scheme

20 Dec 2011

Better Capital to raise a further £200m

19 Dec 2011

St James’s Place appoints AIC chair to new role

19 Dec 2011

Henderson offloads Hermes private equity stake

19 Dec 2011

Ex-UBS adviser banned and fined £150k

16 Dec 2011

FSA insider dealing case leads to two-year prison sentence

15 Dec 2011

Threadneedle American fund rating reinstated

15 Dec 2011

Ashcourt Rowan appoints Ofcom Olympic director

15 Dec 2011

Fund universe shrinks in 2011

14 Dec 2011

Key investor could block continuation of BlackRock investment trust

14 Dec 2011

Afternoon markets: Petrofac strongest at the FTSE 100 close

13 Dec 2011

Majority of Fundweb readers want fresh blood for industry

13 Dec 2011

Everybody’s to blame but nobody is to blame on RBS

12 Dec 2011

IFA trade body says FSA should mind interventionist strategy

12 Dec 2011

Friends Life hires LV= fixed income team

12 Dec 2011

FSA publishes RBS report

12 Dec 2011

Platforms will play key role after RDR, says Wins

Fund Strategy - 12 Dec 2011

FSCS to write to MF Global customers

9 Dec 2011

Fidelity manager change “good news for investors”

8 Dec 2011

Investec to fall out of FTSE 100

8 Dec 2011

Aberdeen proposes multi-manager fund mergers

8 Dec 2011

Europe is holding up the recovery

7 Dec 2011

More quantitative easing needed, says British Chambers of Commerce

7 Dec 2011

Evershed and Henderson settle out of court

7 Dec 2011

Threadneedle launches offshore UK equities fund

7 Dec 2011

Age may pose problem for retail advice industry, finds FSA report

7 Dec 2011

Kames promotes Shaw on UK equity fund

6 Dec 2011

Treasury reveals further details on Seed EIS

6 Dec 2011

Greater choice “not always good for consumers”, says FSCP

6 Dec 2011

S&P puts 15 eurozone members on downgrade alert

6 Dec 2011

Out with the old

2 Dec 2011

M&G names manager for European high yield fund

2 Dec 2011

Investec to launch multi-asset emerging markets fund

1 Dec 2011

OBSR downgrades Marlborough and Lazard funds

30 Nov 2011

IMA to create Global Equity Income sector

29 Nov 2011

Aberdeen chief joins British Sky Broadcasting board

29 Nov 2011

Schroders to launch US Alpha Plus Fund

29 Nov 2011

Resolution to concentrate on UK, Tiner role to be reduced

28 Nov 2011

FSA issues “toxic” traded life policies warning

28 Nov 2011

Ex-Liontrust chief launches first fund under new venture

28 Nov 2011

Fringe European countries to be target for new domiciles

24 Nov 2011

FSA names new chairman for Ombudsman Service

23 Nov 2011

Former IMA chairman labels banking lobby “dishonest”

23 Nov 2011

FSA fines and bans hedge fund compliance officer

22 Nov 2011

Allied Irish Bank to sell investment management arm

21 Nov 2011

Braemar seeks another year deferral for redemptions

21 Nov 2011

Van der Wielen starts Friends Life role

21 Nov 2011

Tory peer Heseltine says Britain will join the euro

21 Nov 2011

The next two dominos?

18 Nov 2011

Changes at the top for Investec

17 Nov 2011

JP Morgan Russian trust cuts charges

17 Nov 2011

Fund managers turning to US and emerging markets

15 Nov 2011

Inflation drops to 5% in October

15 Nov 2011

Not clear whether Europe "will do whatever it takes", says Buffett

14 Nov 2011

The Share Centre reveals top consumer funds

14 Nov 2011

Bolton’s China fund responds to "brutal period" for Asian markets

14 Nov 2011

L&G launches bid for Cofunds

14 Nov 2011

Midas says Charter European investors tire of "ego spat"

11 Nov 2011

Barclays private equity arm in management buy-out

11 Nov 2011

Base rate remains unchanged for 32nd consecutive month

10 Nov 2011

Schroders inflows cancelled out by outflows in third quarter

10 Nov 2011

Man Group investment was a "big mistake", says de Blonay

9 Nov 2011

Robin Hood tax is a tax on savers, says IMA

9 Nov 2011

Italy bond yield breaches 7% threshold

9 Nov 2011

Friends Life to launch asset manager

9 Nov 2011

Berlusconi wins budget vote but loses majority

8 Nov 2011

IMA to split money market sector

8 Nov 2011

M&G reports Q3 outflows but £2.6bn sales year-to-date

8 Nov 2011

Lloyds announces £3.9 billion loss for first nine months

8 Nov 2011

Close to shut fund of zeros

7 Nov 2011

Trafalgar to launch IPO fund with Marylebone

7 Nov 2011

Gam launches Cat Bond fund for UK

7 Nov 2011

‘Overlap’ prompts Marlborough fund mergers

Fund Strategy - 7 Nov 2011

JP Morgan fund dropped by OBSR

4 Nov 2011

Marlborough fund merger proposals after Bennett exit

3 Nov 2011

ECB cuts interest rates

3 Nov 2011

Greek political turmoil continues

3 Nov 2011

FSA says structured product sales spikes could point to mis-selling

2 Nov 2011

Weaknesses remain in structured product design, says FSA

2 Nov 2011

Lloyds boss steps down over illness

2 Nov 2011

Papandreou secures backing, for now

2 Nov 2011

Henderson reports outflows as AUM shrinks

2 Nov 2011

UBS launches Global Diversified fund

1 Nov 2011

Too important to be left to the people?

1 Nov 2011

Greece, the cradle of democracy, has plunged markets into disarray after prime minister George Papandreou proposed a referendum to vote on the latest bail-out package.

FTSE slump continues as investors shirk Europe

1 Nov 2011

Threadneedle announces line-up for LVAM funds

1 Nov 2011

Greece to offer voters referendum on bail-out plans

1 Nov 2011

Horlick to launch online fund supermarket

31 Oct 2011

Jupiter to merge Europe hedge fund with Sicav

31 Oct 2011

FTSE retreat blamed on "profit taking"

31 Oct 2011

Picton drops Invista merger plans

31 Oct 2011

Industry welcomes fresh face on JPM funds

Fund Strategy - 31 Oct 2011

Afternoon markets: Financials retreat as FTSE 100 dips below 5,700

28 Oct 2011

Henderson recruits Mourinho for ad campaign

28 Oct 2011

Midas hits back at Charter European

27 Oct 2011

OBSR won't change JP Morgan resources fund rating

27 Oct 2011

Charter European to reject Midas forms

27 Oct 2011

Advisers voice opinions on JP Morgan Natural Resources changes

26 Oct 2011

Advisers say no to synthetic ETFs for retail investors

26 Oct 2011

First State in Emerging Markets Bond launch

25 Oct 2011

Hilarious if it wasn’t true

25 Oct 2011

Kames Capital hires property multi-manager team

25 Oct 2011

Kleinwort Benson appoints COO

25 Oct 2011

F&C sees AUM shrink in third quarter

25 Oct 2011

Vanguard adds to UK range with SRI funds

24 Oct 2011

Boutique Nettle approved for Europe micro-cap Ucits IV launch

24 Oct 2011

Marlborough revamps as co-managers leave

Fund Strategy - 24 Oct 2011

L&G confirms further Dart changes

21 Oct 2011

Phil Wagstaff joins Skandia Investment Group as CEO

21 Oct 2011

FSA chairman says Financial Policy Committee faces Europe threat

20 Oct 2011

Afternoon markets: Markets continue to wait for Europe signs

20 Oct 2011

FundsNetwork rolls out portfolio management service

20 Oct 2011

Government steering group to look at simple financial products

20 Oct 2011

Double dip to be avoided, say discretionary managers

20 Oct 2011

Nutt funds downgraded by Bestinvest

19 Oct 2011

Duo replace Bennett on UK equity income fund

19 Oct 2011

Platform market to shrink, adviser poll shows

19 Oct 2011

QE will not be used for corporate debt, says Bank governor

19 Oct 2011

Close adds two multi-manager fund ranges

18 Oct 2011

Baillie Gifford cuts initial charge on Global Income fund

18 Oct 2011