Neil Woodford is running his largest allocation to overseas stocks since 2013 as he begins management of his new UK equity income fund.
High street banks are using Wonga-style bullying letters to chase customers for payments.
HSBC has launched the first of a range of ‘smart beta' ETFs, giving investors exposure to one of its own tailored global benchmarks.
Neuberger Berman is to launch a European High Yield bond fund for recent hire Andrew Wilmont, as it bids to replicate the success of its $13bn (£8bn) US offering.
Banks caught mis-selling interest rate hedging products (IRHPs) have so far paid £1.1bn in compensation to customers, the Financial Conduct Authority has revealed.
Robin Minter-Kemp, former director of investment funds at Cazenove Capital, has joined Rayner Spencer Mills Research (RSMR) as a non-executive director.
Henderson's Chris Burvill is buying AstraZeneca, among other firms, in a move to benefit from merger and acquisition speculation.