Former top drugs adviser to the government David Nutt has made a controversial claim that the financial crisis was caused by bankers' habitual use of cocaine, the Telegraph reports.
Nick Leeson, the trader whose wrong-way bets on Japanese stocks ruined Barings Plc, is joining a mediation firm to advise Irish borrowers looking to renegotiate debts following the real estate collapse, according to reports.
Barings has added a multi-asset fund to its range with the launch of a Euro Dynamic Asset Allocation fund.
As the most popular emerging market equity funds are soft closing to stem inflows, wealth managers are being forced to look for alternatives beyond their usual top picks.
Former Matrix Asset Management chief executive Angus Woolhouse has joined Barings as global head of distribution.
After a strong run in equity markets, with the FTSE soaring through 6,100 in the first month of 2013, could history repeat itself via a pullback or even a full-blown correction in the spring months?
Baring Asset Management has appointed Nicola Hayes as head of client service and relationship development.