Markets

Following the unexpected poor performance of ‘event driven' strategies in 2014, Philippe Ferreira, head of research, managed account platform at Lyxor Asset Management, analyses what went wrong and they are doomed to repeat the same mistakes in 2015....

The Bank of England is being investigated by the Serious Fraud Office (SFO) in relation to liquidity auctions held during the financial crisis.

Schroders has posted record results for 2014, with inflows of £25bn pushing the group's total assets under management to the £300bn mark.

Mark Barnett has told Investment Week he is "concerned" over the fortunes of GlaxoSmithKline, a core holding in the Invesco Perpetual Income funds which he began running at the start of March 2014.

Legal & General has said it must "operationally leverage" its Cofunds platform and boost flows into its asset management arm this year in order to improve its business mix.

Royal Bank of Scotland is to cut as many as 14,000 investment banking jobs over the next five years as it scales back its US and Asian arms, according to reports.

Morrisons' former group treasurer has been sentenced to twelve months in prison after being convicted of two counts of insider trading.

US stock markets followed in the footsteps of the FTSE 100 on Monday, with the Nasdaq reaching its highest level for almost 15 years.

Barclays has made increased provisions for a probe into currency market manipulation and other issues, masking a rise in adjusted pre-tax profits.

As Woodford Investment Management gears up for the launch of its Patient Capital investment trust, Investment Week visited the company's Oxford offices to quiz senior personnel about their plans for the future.