Miton is preparing to add a new product to its stable for the two managers it recently poached from Matterley.
China should liberalise the renminbi to support the floundering global economy, according to Robert Horrocks, chief investment officer of specialist fund house Matthews Asia.
Troy's Trojan Income fund manager Francis Brooke has sold his position in Aberdeen Asset Management after its share price doubled in the space of 12 months.
Advisory group Paradigm Partners has shelved plans to run its investment joint venture with Henderson.
The asset management division of Close Brothers, comprising both advised and managed solutions for clients, turned a profit in the six months to February thanks partly to a 6% increase in overall assets under management.
Italy's embattled economy contracted 2.8% year on year in the fourth quarter, according to the final reading released this morning, worse than the 2.7% contraction previously thought.