News

EEA Fund Management's parent company has rebranded and created a new subsidiary as it moves away from the name associated with its troubled life settlements fund.

A "combination of politics and pensions" contributed to slower sales across platforms in the first three months of the year, with the year-on-year (YOY) asset growth rate also receding, according to research.

RWC's income managers Ian Lance and Nick Purves are continuing to run significant cash weightings in their portfolios on the view markets are "more than 20% overvalued".

Britain's foreign secretary Philip Hammond has echoed Bank of England Governor Mark Carney's calls for a 'fast' referendum on Britain's place in the EU.

Asia specialist Coupland Cardiff Asset Management is taking over an Asian small cap fund managed by Stone Drum Partners, with manager Charlie Erith also moving across.

New pensions minister Ros Altmann must continue with the package of bold reforms that her predecessor began and focus on encouraging a "rebirth of savings culture" in the UK, Michael Johnson has said.

PIMCO's global equities CIO Virginie Maisonneuve is to leave the firm just 18 months after joining the group, as it closes two equity funds.

Economist and creator of the term 'BRICs' Jim O'Neill is to become a Treasury minister in the new government.

Neptune has promoted James Dowey to the role of chief investment officer.

The European Securities and Markets Authority (ESMA) has delayed its review of standards for MiFID II until September, cutting the amount of time the industry will have to assess proposals ahead of implementation.