News

Harwood Capital Management has agreed to buy rival wealth manager Wellian Investment Solutions in an effort to expand its multi-manager business.

The Office for National Statistics this morning revealed UK CPI inflation turned negative for the first time on record, but key industry figures suggest this deflationary spell will be temporary.

UK CPI inflation has turned negative for the first time on record, as the recent slump in the oil price continues to put deflationary pressures on the UK economy.

A man pretending to be from the Financial Conduct Authority (FCA) is cold calling people in an attempt to defraud them, the regulator has warned.

The S&P reached a further record high at closing yesterday, as disappointing economic data coming out of the US alleviated fears of an interest rate rise in the near future.

Deutsche Bank could move parts of its business from the UK to Germany if a referendum ends the UK's membership of the European Union.

Allianz Global Investors has cut the fees across its four-strong multi-asset RiskMaster fund range.

First State Stewart's global emerging markets team is turning more positive on one of investors' least-loved global equity markets, saying valuations now warrant closer attention.

Ian Womack, chief executive of Aviva Investors' global real estate business, is retiring from his role, to be replaced by Ed Casal.

An IFA based in Plymouth has hired a head of advisory services from industry giant Fidelity.