Industry

THE BIG QUESTION

FUND MANAGER FOCUS

Controversial investor Brian Myerson is to be "cold shouldered" from any takeover dealings in the UK for three years after he failed to overturn a ruling that he had breached the Takeover Code.

THE BIG QUESTION

Cofunds chief executive Brett Williams has quit the platform with immediate effect with chairman Charlie Eppinger resuming the CEO role on an interim basis.

While global economic strife sparked a recent sell-off in UK equities, Schroders' Richard Buxton says it would be unwise of investors to turn their backs on stocks now.

Jupiter has made three new appointments with the hire of Kathryn Langridge and the promotion of two co-managers to Tony Nutt's Distribution fund.

Equitable Life has appointed BlackRock to provide investment and risk management services for its 400,000 policyholders and group scheme members.

Trustnet has launched Fundswire, an automated funds news service for advisers and their clients covering unit trusts, Oeics and investment trusts.

Joanna Faith reports on the failure of the ratings agencies in the financial crisis and the need for a complete overhaul of the industry