News

Graham Mudie has joined Aviva Investors' sales teams from Standard Life Investments, as chief executive Euan Munro continues to recruit from his former company.

The SLI multi-asset team believe the commodities supercycle of the 2000s is unlikely to ever be repeated again as India will not match up to demand once seen from China.

Invesco Perpetual's fixed income team have said the sector faces "strong headwinds" for some time as summer volatility returns, and markets anticipate interest rate hikes.

Greek banks could open for the first time in weeks as the nation's parliament passed through the fresh austerity measures required to secure a €86bn bailout package from the eurozone.

Pension savers withdrew £1.8bn from pots in the first two months following the opening up of the retirement income space, data from the Association of British Insurers (ABI) has revealed.

Invesco has appointed Asia Pacific fixed income CIO Ken Hu as manager of the fixed income portion of its $1.1bn Invesco Asia Balanced fund, following the departure of manager Frankie Tai.

Old Mutual Global Investors' Richard Buxton has backed Neil Woodford's criticisms of the government's renewable energy tax U-turn, warning it could render the utilities sector "uninvestable".

Fidelity's Alex Wright is backing Barclays to begin its turnaround in earnest following last week's dismissal of chief executive Antony Jenkins.

Prudential Portfolio Management Group has added two new recruits to its senior management team as it strengthens its offering following the departure of Matthew Williams earlier this year.

Thomas Miller Investment has launched a Diversified Assets fund in a bid to offer uncorrelated returns to investors.