Mirabaud Asset Management has launched a high yield bond product for its latest recruit Andrew Lake, who joined the group from Aviva Investors at the start of the year.

F&C has announced several changes to its £2.6bn Foreign & Colonial investment trust, including the creation of two new sub-portfolios.

Schroders is preparing to add a sterling-hedged share class to its £797m Tokyo fund as investors become more concerned about downside risk to the yen.

Dan Saxby has joined Arbuthnot Latham & Co as a director of private banking.

Former Cofunds chief executive Brett Williams is to take an advisory role at Kuber Ventures, a multi-manager platform for Enterprise Investment Scheme (EIS) portfolios.

Majedie Asset Management has launched a UK Income fund for manager Chris Reid.

Incoming Bank of England Governor Mark Carney intends to place economic growth at the top of his priority list when he takes on his new role.

Miton Group said it expects to beat analysts' expectations for its pre-tax adjusted profit over the last financial year and is gearing up to roll out three new funds in 2013.

As risk appetite returns and investors begin to dip their toes back into European equity markets, S&P Capital IQ Equity Research has revealed its ten ‘power picks' for 2013 from the European stock universe.

The Monetary Policy Committee (MPC) voted unanimously to hold the bank rate at 0.5% at the last meeting, while all but one member voted to maintain the QE programme at £375bn.