Mirabaud Asset Management has poached AXA Investment Management's Anu Narula to run a new global equity portfolio.

Invesco Perpetual's Neil Woodford has been awarded a CBE in the Queen's Birthday Honours List.

Shares in Royal Bank of Scotland dropped 7% at the start of today's trading session in London following news CEO Stephen Hester will step down later this year.

The Nikkei endured further sharp losses on Thursday, entering a bear market as investors sold Japanese shares ahead of an expected tapering of QE by the US Federal Reserve.

Schroders has expanded its fixed income team with the appointment of Bogdan Popovici from US fund group Wellington Management.

Barings' Ian Pascal is joining Hermes Fund Managers as head of marketing and communications, replacing Rob Page who exited the firm in April to join Henderson.

Mirabaud Asset Management has recruited Fatima Luis has joined Mirabaud Asset Management as a senior high yield specialist to work alongside recent hire Andrew Lake.

Sir Mervyn King chairs his last ever MPC meeting today, but will his parting gift be one last blast of the QE tap?

London's leading equity index lost ground in afternoon trading, led by asset managers, as encouraging data from the services sector also failed to lift sentiment.

Investec Wealth & Investment's chief investment strategist Jim Wood-Smith has left the business.