SVM Asset Management has promoted two investment analysts to deputy managers to assist Neil Veitch and Hugh Cuthbert on the management of their flagship funds.

Capita Asset Services is predicting a record year for UK dividends in 2014, despite a lacklustre period for dividend returns last year.

Shares in oil giant Royal Dutch Shell have dragged on the FTSE 100 today, after the company issued a profits warning for Q4 this morning.

Rathbones' chief investment officer Julian Chillingworth has labelled the apparent value in European equities ‘misleading', claiming the region is in for another year of anaemic growth.

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Legg Mason Capital Management's Sam Peters has said US financials are the cheapest cyclical stocks in the US market and will climb sharply if interest rates increase this year.

Hugues Gillibert, former head of new ventures at Thomson Reuters, has set up an independent fund research company providing detailed data on the fees and expenses of UK and European funds.

Scott Goodsir, head of UK wholesale at BNY Mellon, is leaving his role after 15 years at the company to become head of UK distribution at Skandia.

Pioneer Investments has launched a UK version of its Absolute Return Bond fund, run by Tanguy Le Saout and Cosimo Marasciulo.

Three former Rabobank traders have been charged in the US with manipulating the yen LIBOR benchmark interest rate since 2006.