Investment

Stephen Adams, head of UK equities at Kames Capital, has been promoted to head of the group's wider equities business.

RBC Wealth Management, part of the Royal Bank of Canada, has appointed Antony Johnson as head of distribution.

The investment trusts for 2015 outperformance

Standard Life Wealth has extended the range of portfolios available on its managed portfolio service with the launch of five Conventional portfolios.

Standard Chartered has said it will shut its equities business and axe jobs as it continues in its attempts to cut costs in order to boost its bottom line.

Liontrust increased its retail assets under management (AUM) to more than £3bn and total AUM to over £4bn in the final three months of 2014.

Beleaguered supermarket Tesco is planning a cost-cutting drive which will see it cancel its full-year dividend, close stores, and appoint a new UK CEO in a bid to reverse its fortunes.

Former PIMCO manager Bill Gross believes the 'good times are over' for markets and has told investors they should be content with low returns this year.

Former F&C fixed income manager Peter Geikie-Cobb has joined Charles Stanley as managing director of its Matterley fund business.

Lombard Odier's Swiss equities specialist Patrick Huber has joined Mirabaud Asset Management as the firm bolsters its large-cap desk.