UK

This year's test for active managers has been the sharp sell-off in mid-cap stocks, as many managers focus on this area for stock picking.

Former LV= Asset Management CEO Ann Roughead has joined Threadneedle's board as a non-executive director.

There are three main actors driving the irrational behaviour we so often see in equity markets; company management, analysts and investors. Each group can fall into bias, but the circumstances and the types of biases are different.

Hargreave Hale is to open a York office after the hire of three investment managers - including a JM Finn employee who became involved in a legal dispute with his former firm.

Miton Group UK equity income manager Bill Mott is to retire from fund management at the end of the year.

Ignis' global head of distribution Claude Chene has followed Chris Samuel in exiting the business following its takeover by Standard Life Investments.

Many managers are expecting a correction in the UK market. But with prices at current levels, market rotations could continue without much change in the overall level of the All-Share, argues Premier Asset Management's Chris White.

The British Chambers of Commerce (BCC) has warned the government against "prematurely" raising interest rates as its latest quarterly economic survey suggested challenges remain for the UK's recovery.

Neil Woodford's top ten holdings in his Woodford Equity Income fund contain few surprises, with AstraZeneca, GlaxoSmithKline and British American Tobacco the three largest positions.

Aviva Investors' Robin West has joined Invesco Perpetual's UK equity desk as the company bolsters its team following recent departures.