UK
UK
Lazard Asset Management has launched a low volatility, quant-based equity fund.
16 January 2012
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UK
Arch Financial Products is being sued for £150m by the board of 18 Guernsey-listed investment vehicles for failing to exercise fundamental care of assets and to account for "substantial secret profits", according to reports.
16 January 2012
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UK
The Prime Minister David Cameron has rejected calls from an MP for an independent inquiry into the Arch cru investment funds scandal.
16 January 2012
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Economics
The UK is already back in recession and will not see any interest rate rises until at least 2016, according to economic thinktank the Centre for Economics and Business Research (CEBR).
16 January 2012
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UK
The Bank of England's Monetary Policy Committee (MPC) has held fire on its quantitative easing (QE) programme and kept interest rates at their historical low of 0.5%.
12 January 2012
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UK
The pound has fallen to a three-month low against the dollar ahead of a Bank of England Monetary Policy Committee meeting today, the first of 2012.
12 January 2012
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UK
The Royal Bank of Scotland (RBS) today announced its plan to cut 3,500 jobs as part of a reorganisation of its investment bank, which will see the sale or closure of the equities and corporate broking divisions.
12 January 2012
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Managed funds
Ian Maybury has joined Schroders in the newly created role of head of solutions management in its multi-asset and portfolio solutions group.
11 January 2012
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