Multi-asset managers have begun to add exposure to emerging market debt (EMD) after yields on dollar-denominated debt rose above those on junk bonds for the first time since 2005.

The Iveagh name is to vanish from the investment world in the near future after the group agreed a deal with City Financial which will see the latter buy its fund range this year.

The Co-operative Group is expected to announce pre-tax losses of between £2bn-£2.5bn this week as its financial woes continue.

US equity fund managers have begun cutting their exposure to technology stocks as the highly-rated sector falls out of favour with some investors following a long winning streak.

Premier Asset Management has expanded its multi-asset team with the appointment of Nick Kelsall.

Discretionary investment manager Hawksmoor Investment Management is considering the launch of a split capital investment trust later this year, following the sweeping changes to UK pension rules.

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J.P. Morgan Asset Management's Austin Forey is taking overweights in emerging market countries holding elections this year, in the view their shares could rally after a dismal start to the year.

Liontrust posted its best quarter for inflows in a decade during the three months to the end of March, according to its full-year results, released today.

City Financial is to acquire Guinness family office Iveagh's funds arm in a deal that will see Chris Wyllie move to the boutique fund house, Investment Week can reveal.