Liontrust Asset Management has hired James Beddall from F&C Investments as co-head of international sales.
Lloyds Banking Group is to sell another 11.5% stake in its TSB business, leaving it with a 50% holding in what promises to become a challenger to the UK's existing retail banking industry.
Fund rationalisation may be coming to an end after a few years of groups actively cutting their product ranges, according to Fitch Ratings.
The fund management industry must address the issue of lack of female representation among fund managers, according to Helena Morrissey, chief executive of Newton Investment Management.
Renewed dollar strength has led forecasters to predict a tougher time for sterling in the coming months, despite a small relief rally last week as Scotland opted against independence. Which funds could benefit?
UK shares edged lower this morning as concerns over the economic recovery in the US, and yesterday's move by the country to curb tax avoidance via M&A deals, continue to weigh on investor sentiment.
Shares in UK-listed pharmaceutical giants Shire and AstraZeneca have fallen sharply this morning, after the US Treasury introduced a new law to curb tax avoidance by US companies which buy overseas rivals.
The S&P 500 index fell on Monday, after the latest US housing data came in weaker than expected, fuelling concerns over the strength of the economic recovery.
Investors have been warned against buying into Chinese tracker funds in the near term as growing interest prompts some groups to close products to new investment.
Randeep Somel, approaching his one-year anniversary as lead manager on the M&G Global Basics fund, has been busy revamping the portfolio with new stock and sector allocations.