UK

Henderson's head of UK wholesale, Laurie Jaques, has left the firm to pursue opportunities elsewhere.

Royal London Asset Management is converting its range of unit trusts to Oeics over a phased period ending in April 2010.

With three-quarters of the year now behind us, thoughts turn to reflect upon the year that is drawing to a close and what 2010 will bring.

Threadneedle is closing its UK Money Securities fund after it experienced huge losses and redemptions since the start of the credit crunch in summer 2007.

The Bank of England today kept its key lending rate at a record low of 0.5%.

Six months ago, the prospect of a collapse of the global financial system appeared alarmingly plausible.

OBSR has suspended the A rating of the Gartmore UK focus fund after the company announced plans to hand over its management to Leigh Himsworth, who joined as head of equities on Monday.

Capita Financial Group (CFG) is set to begin redundancy consultations with its London staff ahead of a move to Leeds.

Threadneedle is launching a Luxembourg-domiciled Sicav range having completed the integration of the World Express investment funds business it bought earlier in the year, with hopes of strengthening its foothold in Europe and Asia.

Midas Capital today reports a loss for the first half of 2009 but says improving fund performance and a successful restructure of the business have put it in a good position for future growth.