ING Investment Management is to add a further fixed income strategy to its product range following the hire of a pair of managers from Avoca Convertible Bond Partners.

Members of the executive committee at the Financial Conduct Authority (FCA) stand to lose their bonuses over the blunder that caused a collapse in prices of large insurance companies, according to reports.

Former executive chairman of Brewin Dolphin Jamie Matheson has been appointed chairman of Saracen Fund Managers.

Morningstar OBSR is no longer advisers' preferred ratings service, according to a poll of over 600 conducted by Schroders.

It is often not easy for boutique firms to break into the fund market, despite offering interesting alternatives to mainstream products.

Interest rates have been at record low levels for over five years, but an interest rate hike in the near future is inevitable and investors need to protect portfolios against it.

Schroders' multi-manager Marcus Brookes has underperformed this year across his Multi-Manager Diversity strategies, but says his investment thesis will be proved correct in time.

Rob Hudson, currently head of Charles Stanley Direct, is joining Aberdeen Asset Management to develop the group's digital proposition.

The Bank of Russia has taken steps to halt the collapse of the rouble, as the currency continues to hit new record lows against the US dollar and the euro on falling oil prices.

Veteran US bond manager Bill Eigen said he has never been so nervous about fixed income markets during his entire career, which spans more than three decades.