BNY Mellon has named Simon Nichols as lead manager on the £290m Newton Bridge fund, replacing Caroline Tye.

Barclays is dropping the 'Capital'and 'Wealth' tags from its investment banking division in an effort to restructure the bank under one brand.

Chancellor George Osborne has confirmed £20bn will be made available to small and medium sized businesses through a government-backed scheme.

JAPAN ONE YEAR ON

Over the last 10 years, 1,000 new funds have been launched every year in Europe across all asset classes, a Lipper report has found.

PIMCO and Source have launched a product giving investors in Europe physical access to the short dated end of the high yield universe for the first time.

Boutique asset manager Polar Capital is launching a European absolute return fund.

London remains the top city in the world for foreign investment, according to a report into the growth of emerging market economies.

PIMCO's chief executive Mohamed El-Erian described Chancellor Merkel's decision to insist on fiscal reform as a ‘burden' to an already challenged political construct that is trying to restore order.

Jamie Broderick, head of J.P. Morgan Asset Management's EMEA business, is set to leave at the end of this year, after almost 20 years at the company.