Specialist investment manager Hargreave Hale has poached Jean Roche from Panmure Gordon in a move to strengthen its fund management team.
Emerging markets are currently in a cyclical bear market, with more pain possible, but the sell-off offers investors a good opportunity to add to positions for the long term, according to a leading strategist.
The return of Japan's Prime Minister Shinzo Abe has boosted the country's stock market and lifted inflation, but which managers have benefited most so far, and which have lagged behind?
BlackRock has poached boutique investment firm NewSmith's Mark Wharrier to work alongside Adam Avigdori on its £604m UK Income fund, Investment Week understands.
Markets across the continent were lower in morning trading as investors reacted to heavy selling in emerging markets.
Hargreaves Lansdown is in talks with a number of fund groups to secure exclusive deals to sell their passive products at discounted prices.
Fidelity Worldwide Investment has expanded its regional equity income fund range with the launch of an onshore Asian income fund for manager Polly Kwan.
The Financial Conduct Authority (FCA) has banned and imposed fines of £28,000 each on two individuals for failings related to the sales of unregulated collective investment schemes (UCIS) to some 800 investors.
The Serious Fraud Office (SFO) has charged four men, including an independent financial adviser (IFA), with fraud in connection with the promotion of biofuel investment products through SIPPs to UK investors.
Shares in the US closed sharply lower overnight, with some indices hit by the worst one-day percentage falls since late June, as positive jobs data sparked fears of an earlier move to taper QE than expected.