It has been a tough few years for European managers, as the Continent has failed to recover from the blows dealt by the crash in 2008. This year, the pressures have escalated, with recession threatening in several eurozone states.
Investors make only tiny savings from headline-grabbing ‘super clean' share classes, according to new research by the lang cat.
FOUR Capital is to launch a US Dividend Income fund for new hire Adour Sarkissian this December.
Chinese ecommerce giant Alibaba has raised $8bn (£5.1bn) in its first approach to the bond markets to raise capital.
It has been a volatile year for mid caps, with the FTSE 250 falling 6% between March and April. But F&C's £20m UK Mid-Cap fund has considerably outperformed over the past year, maintaining the return profile it has enjoyed over three and five years.
Nucleus has boosted assets under administration by 25% year-on-year in the third quarter after a strong summer for gross inflows.
Vestra Wealth has hired four senior wealth managers specialising in high net worth, entrepreneurial and family clients.
Around 8,000 investors have put their name to a lawsuit claiming Lloyds misled shareholders ahead of the bank's acquisition of HBOS six years ago.
Financial services group Walker Crips reported revenues increased by 12% in the six months to the end of September, but operating profit fell 50% compared to the same period last year.