News

Sanlam UK has acquired Caerus Portfolio Management as part of a deal which will see it take a 20% stake in the Caerus adviser network.

The Financial Conduct Authority (FCA) has looked east for its new head of enforcement, bringing in the man who currently heads up the same division for the Hong Kong regulator.

One of the early pioneers of multi-manager investing and risk profiling, Phil Morse, has passed away after a short illness.

Lloyds Banking Group has been hit with a record £117m fine by the Financial Conduct Authority for mishandling of payment protection product complaints.

Greece has missed its scheduled payment to the International Monetary Fund (IMF), announcing it will bundle debt due into a single figure at the end of the month instead.

Veteran fixed income manager Bill Gross has admitted he is frightened by the lack of liquidity in bond markets.

BNY Mellon Investment Management is making the Newton Global Emerging Markets fund available to UK retail investors by merging it into its UCITS fund range.

With market volatility on the increase, Investment Week asked six fund selectors for their absolute return recommendations.

The International Monetary Fund has urged policymakers in the US to delay hiking interest rates or face a further bout of "financial instability".

Schroders has hired five new members to its fixed income global multi-sector team headed by Bob Jolly.