Investec Asset Management's hire of Threadneedle UK equity head Simon Brazier (pictured) and team, revealed by Investment Week last Wednesday, has transformed the company's UK retail offering overnight.
A cacophony of caution, worry, and fear
The Invesco Perpetual Select trust, managed by Mark Barnett and Nick Mustoe, has cut upfront and performance fees in the latest sign of price pressure in the closed-ended space.
The British Chambers of Commerce (BCC) has upgraded its UK GDP forecast for 2014 but cautioned the recovery may be short-lived unless exports bounce back.
HSBC has vowed to fight a $250m (£151m) lawsuit brought against it over its alleged involvement in the Keydata scandal.
The pros and cons of the ‘Lifetime ISA’ plan
Fidelity is planning to merge its International fund into a fund focused on global assets later this year.