Industry

A coalition of more than 150 investors including Sarasin & Partners, major pension funds, and local authorities have urged oil majors Shell and BP to improve their business practices in relation to climate change.

Nine of the world's biggest fund managers are preparing to set up their own 'dark pool' for equity trading in an effort to avoid interference from high frequency traders.

Baillie Gifford has made the manager of the Edinburgh Worldwide investment trust, Douglas Brodie, a partner in the business.

The National Savings & Investments (NS&I) website crashed after experiencing "high demand" for the newly launched pensioner bonds, which went on sale this morning.

HSBC Private Bank's Roberto Islas has joined Bordier to lead its new international desk.

Figures released this morning by the Office for National Statistics showed UK CPI inflation fell to a surprise 0.5% in December, the lowest level since May 2000. We round up the reaction from leading investors and economists.

Bill Gross has revealed for the first time that his departure from PIMCO last year was not voluntary.

A trio of AXA managers have joined Royal London Asset Management (RLAM) as the group brings in-house a £1.6bn property portfolio it has acquired since taking over the Co-operative Asset Management.

Rathbones has reported a sharp jump in assets under management for 2014 but adopted a cautious stance on the outlook for investors over the next 12 months.

Stephen Adams, head of UK equities at Kames Capital, has been promoted to head of the group's wider equities business.