UK

Standard Life Investments (SLI) announced today it has completed its takeover of Ignis Asset Management following regulatory approval.

Two-thirds of UK fund managers believe interest rates will rise before the second half of 2015, despite the more cautious tone set most recently by Bank of England Governor Mark Carney, a study has found.

Plans to place loan-to-income restrictions on mortgage lenders have been announced by the Bank of England's Financial Policy Committee (FPC).

US prosecutors have hit Barclays with fraud charges which claim the British lender lied to investors about its dark pool electronic trading operations.

Schroders is among a group of investors to have acquired a $32m (£18.8m) stake in online wealth manager Nutmeg.

Weath manager European Wealth has completed its first acquisition after buying IFA Compass Financial Benefits, using the proceeds of a ££725,000 share placing to fund the takeover.

Guinness Asset Management has launched the Guinness AIM EIS 2014, which is targeting capital growth and aims at investing in AIM-listed companies which qualify for EIS reliefs.

Lloyds Banking Group has increased the amount of shares it is to sell as part of the TSB initial public offering following stronger than expected demand.

Liontrust has seen a rise in assets under management and a jump in pre-tax profits, after its acquisition of multi-asset business North Investment Partners last October.

Newton Investment Management CEO Helena Morrissey is to chair the new organisation arising from the merger of the Association of British Insurers (ABI)'s investment affairs division and the Investment Management Association.