BlackRock has poached boutique investment firm NewSmith's Mark Wharrier to work alongside Adam Avigdori on its £604m UK Income fund, Investment Week understands.

A boutique wealth manager offering a bespoke private client service is to launch its first retail fund as it seeks to diversify its business.

The managers of PIMCO's $28bn income range have upped exposure to the US mortgage sector after May and June's sell-off.

US consumer inflation increased in July, hitting the Federal Reserve's 2% target rate and keeping it on track to taper bond purchases as early as next month.

J.P. Morgan Asset Management has appointed Andreas Michalitsianos to run its £200m Sterling Corporate Bond Fund following the departure of John Anderson.

The Witan investment trust has bolstered its exposure to Japanese equities as the country's aggressive fiscal stimulus continues to take hold.

Global fund managers have become significantly more confident on the outlook for growth, according to a survey by Bank of America Merrill Lynch.

Neuberger Berman has poached Jon Jonsson from J.P. Morgan Asset Management (JPMAM) to work as a senior portfolio manager for the firm's global fixed income strategies.

Financial services group Resolution helped push the FTSE 100 index higher this morning after better-than-expected half-yearly results.

J.P. Morgan Asset Management's Neil Gregson has taken his exposure to gold miners to a historic low of 15% as the sector continues to suffer a torrid period of underperformance.