Grant Peterkin, co-manager of the Ignis Absolute Return Government Bond fund, is leaving the firm, Investment Week can reveal.

Morningstar has revealed how it intends to present past fund performance post-RDR, following the introduction of new ‘clean' share classes.

Fund managers are boosting exposure to UK-listed asset management firms in their portfolios, seeing them as well-placed to act as a "tremendous play" on the next equity bull run.

Barack Obama has led the Democrats to victory in the US elections, being appointed for a second four-year term as President, defeating his Republican opponent Mitt Romney.

Baring Asset Management's chief investment officer said equity markets are facing the "mother of all rallies" before inflation, brought on by QE, brings the markets crashing down in five years' time.

Apple, the world's largest company, revealed profits in the fourth quarter missed analysts' estimates, prompting a share price drop of 1.5% in after-hours trading.

Crispin Odey has snapped up a 5% stake in struggling fund house Man Group, prompting speculation the hedge fund manager will launch a full scale bid for the company.

Liontrust Asset Management's James Inglis-Jones have revealed some of the key long and short positions they have in European stocks, which are driving the European Absolute Alpha fund.

More Western asset managers look set to follow in the footsteps of Schroders and Invesco by acquiring stakes in Indian fund management companies to take advantage of a growing interest in investments.

Former Neptune manager Nicola Muirhead has joined River & Mercantile Asset Management to work on its global equity team.