Old Mutual Global Investors (OMGI) is to create an investment solutions team headed up by Stewart Cazier, who will move across from Old Mutual Wealth along with his team next month.
Sterling and gilt yields have dropped after an initial UK GDP estimate showed growth slowed more than expected in Q1.
Assets under management at wealth manager St. James's Place (SJP) have passed the £55bn mark as pensions and ISA flows offset a drop in other investment business.
Henderson Global Investors is to sell its 40% stake in TIAA Henderson Real Estate for £80m, as its trading update revealed AUM grew by 10% in Q1.
Peter Hargreaves and Stephen Lansdown have dropped down the annual Rich List rankings after a tough 2014 for Hargreaves Lansdown shares.
Do markets fare better under Labour or Tories?
Global economic growth could be described as modest at best, so the implications of Greece defaulting on its debt and potentially exiting the EU do not bear thinking about, says Investment Quorum's Peter Lowman.
Richard Buxton has been among the most vocal backers of Tesco this year, but, as the supermarket posts a record £6.4bn loss, which funds have the most conviction in the stock?
HSBC shares have jumped 3.5% after the bank launched a full review of its UK domicile in light of increased levies and a possible referendum on EU membership.