UK

The Investment Management Association (IMA) has rebranded as The Investment Association to reflect its wider remit as an enlarged organisation.

Investment Week takes a look at the biggest winners and losers of 2014 across 20 different IMA sectors.

Aberdeen Asset Management's CIO and Standard Life Investments' head of global strategy are among those to have been recognised in the 2015 New Year honours list.

This year has been a difficult one for many active funds, but, as ever, a select group of portfolios continue to be backed en masse by buyers looking to deliver outperformance for clients.

UK GDP is confirmed to have risen 0.7% in Q3 - but the Office for National Statistics (ONS) has revised down a string of recent annualised growth figures.

The UK's current account deficit widened faster than expected in the third quarter to reach a record high of £27bn.

The Financial Reporting Council (FRC) is to investigate several years' worth of Tesco financial statements following the revelation the supermarket overstated profits earlier this year.

Matthew Tillett from Allianz explains why he has been buying oil majors on weakness and taking advantage of illiquidity.

The government has recovered a further £1.3bn from the Landsbanki estate in Iceland, which operated as Icesave in the UK, following its collapse at the height of the financial crisis.

2014 was a great era for merger and acquisitions, but managers expecting another bonanza year should think again - M&A activity will likely be more subdued next year, says AXA Framlington's Jamie Forbes-Wilson.