City Financial's acquisition of Iveagh has been dealt a blow after chief investment officer Chris Wyllie backtracked on joining the firm.

At a time when many established portfolios are facing questions over performance, manager exits and other issues, City Financial's new fund research service has identified seven funds as ones to watch over the coming months.

Online shopping is improving the prospect for retail as businesses seek good quality storefronts, property experts argue.

Fund managers are backing miners as a key income play this year, predicting the largest names in the sector will ramp up their dividend payouts after a poor first quarter.

Barings has appointed emerging markets specialist Jean-Louis Scandella as head of equities.

City Financial has launched its own fund research service - The Adviser Centre - to help financial advisers select funds for portfolios.

Stockbroking firm Redmayne-Bentley has stopped offering its services to US clients as it moves to comply with incoming tax regime FATCA.

Aberdeen Asset Management completed the acquisition of Scottish Widows Investment Partnership (SWIP) last night, paying £550m for the business.

Royal Bank of Scotland has announced profits of £1.6bn for the first quarter of 2014, far surpassing expectations and sending shares soaring over 10%.

River & Mercantile Group has hired Kevin Hayes as chief financial officer following the merger of P-Solve and the asset management business.