Tim May, chief executive of the Wealth Management Association (WMA), is to hand over the role to Liz Field later this year.
The percentage of stocks borrowed by short sellers has fallen to the lowest level since before the financial crisis, as markets continue to rally.
Investors have questioned the ‘safe haven' status of gold as the US dollar shows signs of ending its long-term decline.
BNY Mellon Investment Management has launched the BNY Mellon Absolute Insight fund, a UCITS product for European investors which mirrors the £692m Absolute Insight fund.
The reversal of fortunes for the IMA UK All Companies sector this year has again raised the question of whether investors' buying patterns are leaving them exposed to market corrections.
Threadneedle's European equity manager Nick Davis is leaving the firm, handing his funds to Paul Doyle and Dan Ison.
BlackRock is planning to hard-close the £1.2bn BSF European Credit Strategies fund, managed by Michael Phelps to new money.
Barclays' share price has fallen 5% this morning following news US prosecutors has initiated a fraud case against the bank.
Majedie Asset Management is ready to launch two new funds - Global Equity and Global focus - for a recently hired team as it expand into global equities.