Industry

Charles MacKinnon, chief investment officer at Thurleigh Investment Managers, has named five funds he is backing as he looks to boost exposure to equities in his portfolios.

Sir Winfried Bischoff, chairman of Lloyds Banking Group after taking over during the financial crisis, is to retire from the group later this month.

Alan Burnett, head of UK intermediary business at Martin Currie, is to leave the firm at the start of June for Lyxor Asset Management.

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Shares in the Royal Bank of Scotland sold-off heavily on Friday morning following its latest results, with Investec Bank's respected analyst Ian Gordon downgrading the bank to sell after labeling revenues at its investment banking arm "awful".

Now on an upgraded platform, the IW app offers an improved user experience along with a range of interactive functions.

Jupiter's £400m Ecology fund has added a second benchmark, the FTSE Environmental Technology 100 index, as manager Charlie Thomas proclaims environmental investing has "come of age".

Stephen Mohan, former Cofunds managing director of operational services, has moved to Allfunds Bank to spearhead its growth plans in UK and Ireland.

BNP Paribas has launched the first ever range of trackers offering access to FTSE 100 dividend futures within its range of Exchange Traded Certificates, known as EasyTrackers.

Prudential has poached Jackie Hunt from Standard Life as chief executive for its UK and European business.