News

Standard Life Investments has expanded its multi-asset team with the hire of BNP Paribas' Gerry Fowler.

Platform group Allfunds Bank has hired Simon Shapland to head up its UK and Ireland business, following the departure of UK managing director Stephen Mohan.

Invesco Perpetual has hired a dealer and two analysts to work alongside heads of fixed interest Paul Causer and Paul Read.

Polar Capital has added a second European Income fund to its range due to investor demand for a product that excludes UK stocks.

The Bank of England's Financial Policy Committee (FPC) has asked for more detail on how fund groups are guarding against liquidity risks, as policymakers step up their scrutiny of asset managers.

The FTSE 100 has made back some of its heavy June losses after a leaked report suggested Greece is ready to back down in negotiations with its creditors.

Point 72 Advisors' David Older has joined Carmignac as a senior fund manager in its London office.

Pictet Asset Management is gearing up for a major push into the UK market and plans to add other onshore funds to its newly-launched multi-asset offering, according to deputy CEO Laurent Ramsey.

Jane Tufnell, the co-founder of Ruffer Investment Management, has been appointed to the board of specialist fund manager GVQ Investment Management.

Hargreaves Lansdown has agreed to acquire £370m of assets from J.P. Morgan Asset Management for an undisclosed amount, as the latter ceases to offer certain direct investments to individual clients.