Swiss fund group Syz Asset Management is bringing its institutional absolute return strategy to UK investors through its Oyster Absolute Return fund range.

Aviva Investors' David Hillier has joined Insight as part of its multi-asset team.

Billionaire investor George Soros is finally retiring from fund management at the age of 84 to focus on political philanthropy.

Market participants have reacted with a healthy dose of scepticism to the European Central Bank's long-awaited quantitative easing programme, saying the move may not be enough to revive the struggling eurozone economy.

Miton Group lost a third of its assets under management over the course of last year, as a result of selling off part of its business and continued outflows.

European Central Bank (ECB) president Mario Draghi has announced an asset purchase programme that could total more than €1trn in an attempt to revive the eurozone's flagging fortunes.

Investment Week provides live reaction and analysis following the European Central Bank's announcement of a €1.1trn quantitative easing programme for the eurozone.

Sterling fell against the euro and the US dollar as the latest Monetary Policy Committee (MPC) minutes revealed a unanimous vote against hiking interest rates.

The Shanghai stock market rebounded while the Japanese yen strengthened against the US dollar on the news the Bank of Japan will keep its asset buying programme unchanged.

Inflows into European peripheral debt have soared as investors prepare for a widely expected announcement of quantitative easing by the European Central Bank (ECB).