A number of high profile UK equity income funds are at risk of being ejected from the Investment Management Association (IMA)'s UK Equity Income peer group next July, when a long-running review of the sector ends.

The board of the £28m UK Select trust has announced the company will rebrand under the Threadneedle name early next year, subject to shareholder approval.

Swiss bank UBS is expected to receive a $1bn fine, to settle LIBOR manipulation allegations, according to reports.

Skandia is planning to seed its new ‘Select' fund range with substantial institutional money from its life book in exchange for groups surrendering margin to join the exclusive panel of funds.

Investment Week rounds up the most memorable quotes from our favourite (and most outspoken) industry commentators throughout 2012.

The price of risky assets is approaching pre-crisis levels, with investors putting a greater degree of risk on the table in Q3 despite a weakening economic outlook, according to the Bank for International Settlements (BIS).

Schroders' Thomas See has argued investors can no longer ‘hide' in cash, warning it should not even be recognised as an asset class in this environment.

A number of celebrities, including pop star Robbie Williams, are facing multi-million pound tax bills if a tribunal judgement goes against VCT provider Ingenious Media.

Skandia has created an investment solutions team, headed up by James Millard, who will be tasked with creating the group's new 'Select' fund range.

FOUR Capital Partners is launching a retail long/short fund for former Insight and Credit Suisse manager Michael Pinggera, who joined the boutique in October.