A trio of AXA managers have joined Royal London Asset Management (RLAM) as the group brings in-house a £1.6bn property portfolio it has acquired since taking over the Co-operative Asset Management.
The price of a barrel of Brent crude oil has dropped to below $46 in early trading, a fresh six-year low, as the commodity's collapse showed no sign of slowing down.
Another bruising year for investors?
The property manager of the Mansion Student Accommodation fund has proposed a wind-up of the fund after redemptions were suspended for more than a year.
James Sullivan's new venture Coram Asset Management has launched a trio of funds as his former Miton co-manager Martin Gray joins the business.
Five fund houses predict the future for 2015
The precipitous decline in the oil price has continued this morning, with a further slump in Brent crude seeing it trade below $50 for the first time in more than five years.
Morningstar has launched a range of four real return portfolios as it further expands its discretionary management service.
No need to panic over oil price in freefall