News
Multi-asset
Giles Parkinson, analyst on Artemis' £977m Artemis Strategic Assets fund, is to leave the group after resigning his position.
02 July 2015
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UK
BP shares have jumped after the oil giant agreed to pay $18.7bn worth of federal and state claims, to be spread over 18 years, for the Deepwater Horizon oil spill in 2010.
02 July 2015
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2 min read
Regulation
Financial Conduct Authority (FCA) chief executive Martin Wheatley saw his total pay deal from the industry-funded regulator rise by 15% last year to £701,000.
02 July 2015
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1 min read
US
Neptune's Felix Wintle has described 2014 as a "frustrating" year for performance but has prospered again this year in part due to a zero weighting in "bond proxy" utilities.
02 July 2015
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3 min read
Advisory
Brown Shipley has acquired financial planning business Hampton Dean for an undisclosed amount.
02 July 2015
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UK
Schroders has called on the Investment Association to rethink its approach to UK Equity Income funds as Nick Kirrage and Kevin Murphy's Income fund is removed from the sector.
02 July 2015
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2 min read
Global
Old Mutual Global Investors is to launch an offshore Global Equity Income fund for head of global equities Ian Heslop.
02 July 2015
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UK
Old Mutual Global Investors (OMGI) is to alter the investment objective of Richard Watts' UK Mid Cap fund to allow the manager to hold more in mid-cap stocks sitting outside the FTSE 250.
02 July 2015
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2 min read
UK
Sterling-denominated bonds saw their worst quarter on record in Q2 of 2015, amid a fierce sell-off in German bunds and escalating worries over upcoming rate increases.
02 July 2015
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Wealth Management
Wealth manager European Wealth has completed the £3m acquisition of IFA business ISM Solutions it announced in its annual results in May.
02 July 2015
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