M&G has appointed James Tomlins as co-manager of its £1.3bn High Yield Corporate Bond fund with immediate effect.

Investment group Hartmann Capital is set to wind up after the FCA prohibited it from carrying out regulated business due to a £1.5m client money shortfall.

Craig Newman, ex-sales director at Invesco Perpetual, has moved Oakley Capital to work alongside fund manager Neil Woodford.

Hargreaves Lansdown co-founder Peter Hargreaves has questioned the need for businesses to pay corporation tax, saying he has "never understood" the concept.

The Government could dispose of its remaining stake in Lloyds Banking Group in 2014 through a combination of sales to retail and institutional investors, according to reports.

Old Mutual Global Investors is to launch a multi-asset range, offering a range of risk and return profiles, in February next year.

The gold price has suffered its largest fall in 30 years in 2013 as the US Federal Reserve begins withdrawing stimulus - but is that process now fully in the price?

Bank of England governor Mark Carney has warned on the complications of withdrawing monetary stimulus - just hours before the US Federal Reserve may announce a tapering of its own asset purchase programme.

Despite an increase in market chatter on the need to adjust the outlook for European central banks and the US, price dynamics for most financial markets have remained fairly muted of late.

US politicians have agreed a deal to set spending levels until 2015, on the same day that the 'Volcker rule' curbing bank trading was finally passed by regulators.