GAM's China star manager Mansfield Mok is set to leave the firm to join Swiss private bank and asset manager EFG Asset Management (EFGAM).

Former Close Asset Management executives have launched a property and tax planning investment management business called TIME Investments.

Neptune's Rob Burnett has outlined three potential positives for the eurozone as the region struggles through the latest phase of its debt crisis.

The UK's unemployment rate showed a surprise fall from 8.3% to 8.2% in the first quarter, according to the latest figures from the Office for National Statistics.

Allianz Global Investors has today launched a range of four risk-graded portfolios, the Allianz RiskMaster funds.

The eurozone reported zero growth in the first quarter, beating forecasts of a 0.2% contraction and narrowly escaping a technical recession.

Edward Bramson completed his strategic review into F&C Asset Management today, revealing plans to expand its range of investment trusts and to market F&C multi-manager funds direct to consumers.

Former Barclays chief John Varley is no longer in the running for the top job at the Bank of England, Investment Week understands.

FATCA

Four major fund houses have joined forces with technology provider IFDS to white-label enhanced online propositions for their existing direct customers ahead of RDR.