Markets

The provision of supportive monetary conditions has fuelled a value rally, but now there are signs that higher quality companies with long-term secular growth potential are back in favour.

AXA Investment Managers is to move away from dual pricing on its Framlington range of equity funds in order to protect existing investors.

The CBI business lobby group has predicted UK growth will slow in the second half of the year as productivity weakness and slower wage growth bites.

John Betteridge, the former chief investment officer of Prudential's UK insurance division, has joined Rowan Dartington to head its asset allocation team.

Banking giant Lloyds has said it could move its business to England if Scotland votes for independence, leaving its Bank of Scotland arm to be run as a foreign division.

One of Europe's top officials has said Scotland will not be allowed to keep using the pound sterling and remain in the European Union in case of an independence vote.

Welcoming back TSB

Aviva Investors has promoted David Lis to chief investment officer for equities and multi-asset as new chief executive Euan Munro continues to make changes at the group.

Graham Dow, head of investment group relations at Standard Life, says any moves by asset managers to help lower net worth savers face some serious hurdles.

European Wealth has opened an office in Manchester, expanding its regional network into the North West of England, after recruiting a pair of former Barclays investment managers.