Equities

Whitechurch Securities has swapped Neil Woodford's High Income fund for Mark Barnett's UK Strategic Income offering ahead of the former's departure from Invesco Perpetual.

ING Investment Management has appointed two new senior portfolio managers to its emerging market debt team.

Miton's Gervias Williams has been appointed co-manager of Bill Mott's PSigma Income fund as part of a reshuffle which sees Neil Cumming exit the group.

The swell of new regulation in financial services "frightens" people away from seeking financial advice, while the proliferation of various fee structures is proving a "nightmare" for those who do engage, according to St James's Place CEO David Bellamy....

Royal Mail's share price jumped by more than 5% in early morning trading after the company reported a significant jump in profits thanks to a number of one-off gains.

Ignis Asset Management has launched an Absolute Return Emerging Market Debt fund for Dan Beharall in a move to expand its absolute return product range.

Royal Mail shareholders have been richly rewarded so far, with gains of more than 60% on their investment. But is the game up for now, or should investors hang on to shares ahead of the group's results?

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It is still the main topic in town. We have had some wobbles in markets as investors have taken fright at the idea of fewer new dollars around.