Colin McLean could relinquish control of the £136m SVM Global investment trust after the board announced it is putting the trust's management contract out to tender, with immediate effect.

Neptune's Rob Burnett, the group's head of European equities, adopted a bullish stance in the second quarter of this year, switching out of long-favoured defensives.

Robin Geffen, CEO of Neptune Investment Management, has warned bond investors should be bracing themselves for severe losses when the interest rate cycle turns.

Jupiter's head of UK equities Anthony Nutt is to hand over his retail portfolios next year ahead of a move to retire from fund management in 2014, Investment Week can reveal.

Chancellor George Osborne has given small and medium sized businesses a much needed boost, unveiling government plans to form a ‘business bank'.

Chancellor George Osborne has announced plans to increase next year's ISA limit from £11,280 to £11,520.

Alliance Trust chief executive Katherine Garrett-Cox has said investment trust buyers are too fixated with discounts, urging them to look more at long term share price and NAV performance.

Peter Hargreaves, executive director of platform giant Hargreaves Lansdown, has revealed the business intends to move all its clients over to clean fee share classes to meet regulatory changes.

Baronsmead has launched a top-up scheme with the aim of raising £30m across its five-strong range of VCTs.

Neil Woodford's £920m Edinburgh Investment trust will emerge as one of the key winners in the closed-ended space after RDR, investment trust broker Canaccord Genuity has said.