Richard Pursglove has exited Artemis Fund Managers after just a year at the group.
The Financial Services Compensation Scheme (FSCS) has revealed it has paid out £25m in compensation to investors in Arch Cru and £1.8m over Keydata this financial year.
The US economy grew far less than expected in the first quarter of 2012, the latest data has revealed, potentially putting pressure on the Federal Reserve to keep stimulus measures in place for longer.
Billionaire Wall Street hedge fund titan John Paulson is reportedly planning to move to Caribbean island Puerto Rico to cut his tax bill.
Resolution, the insurance acquisition specialist, has seen its shares leap today after it was upgraded by analysts because of its attractive dividend yield.
The Investment Management Association (IMA) has appointed the former director general of the AIC Daniel Godfrey to replace Richard Saunders as its chief executive.