Philip Collins has joined Sarasin & Partners to run multi-asset portfolios for the group.

UBS Global Asset Management has promoted John Dugenske to the position of global head of fixed income to replace exiting manager Rob Gambi.

Technical problems on Hargreaves Lansdown's website have frustrated investors who are trying to trade Royal Mail shares this morning.

David North, Legal & General Investment Management's former head of asset allocation and high yield, is set to return to the fund management industry.

Barclays will sell £300m of leftover stock on the open market today after almost 95% of shareholders took the opportunity to buy up discounted shares during its rights issue.

M&G Investments has expanded its bond team with the appointment of EMD specialist Claudia Calich.

Jupiter's Philip Gibbs has been buying up Australian government bonds for his £233m Second Split trust in the view the sell-off in June was overdone.

Close Brothers' asset management arm returned to profitability over the full year to 31 July following a restructure.

Prusik Investment Management has soft-closed its Asian Smaller Companies fund at $160m.

The UK government has confirmed it is to begin selling down its stake in Lloyds Banking Group.