UK

ON UK GROWTH

Henderson has soft-closed the near £1bn Henderson Credit Alpha fund due to liquidity constraints.

Standard Life Wealth is to become part of Standard Life Investments as of 1 January next year, the group has announced.

Randeep Somel, the new manager of M&G's Global Basics, has revealed the fund is making new investments in miners again as he looks to position the portfolio for a new era.

ON UK INCOME

Two members of Neil Woodford's UK equity team at Invesco Perpetual are to leave the group to pursue other opportunities.

Hargreaves Lansdown chief executive Ian Gorham has sold 715,000 shares in the FTSE 100-listed company for a total of over £8.4m.

Jake Moeller has joined Lipper to take on the role of head of UK & Ireland research, replacing Ed Moisson who left in August to join Barings.

M&G Global Basics fund manager Graham French is to leave the group, Investment Week can reveal, as he retires from fund management after a 25-year career.

UBS Wealth Management UK has poached a six-strong team from Deutsche Bank to broaden its service to financial planners.