Investment

Biotech off the beaten track

The eurozone is on the edge. But why would any investor bet against the ECB, and its fervent efforts to revive Europe? Amundi's Olivier Baduel explains.

Fidelity Worldwide Investment has appointed Barclays Wealth boss Peter Horrell as managing director of its UK business.

Liontrust's assets under management are to climb above £4bn imminently after the group won a £320m UK equity income mandate.

Two directors of HSBC's UK arm are poised to quit in protest at new Bank of England rules that pave the way for lengthy jail sentences to be imposed on senior managers of failed lenders, according to reports.

Schroder UK Opportunities is understood to have seen outflows totalling 30% of assets since Julie Dean resigned on 8 September and handed the portfolio to Matt Hudson.

The Wealth Management Association (WMA) has announced a strategic review to improve its services to members.

Pan-Africa fund house African Alliance is to launch a concentrated global equity fund into the UK, run by F&C's former European equities manager Peter Jarvis.

What’s good for the goose…

Neil Woodford has ended a 10-year investment in Reckitt Benckiser after the shares became "too expensive" to justify holding any longer.