News

ShareSoc, the UK proxy group for individual shareholders, has launched an action group to represent the interests of unhappy Alliance Trust investors and urge the board to launch a strategic review.

Insurer Zurich is to pass its £1.2bn legacy annuities business covering 28,000 clients to specialist Rothesay Life.

Clive Beagles has increased the small cap weighting to the highest ever level in the history of his JOHCM UK Equity Income as he identifies 'extraordinary value' in the space.

Alliance Trust chief executive Katherine Garrett-Cox has been named the Veuve Clicquot Business Woman of2015.

Managers and analysts have been left struggling to find answers as a number of 2015's crowded trades begin to unwind in increasingly dramatic fashion.

Ruffer's Hamish Baillie and Steve Russell have said Chinese equity markets could soar further as the Hong Kong-Shanghai Stock Connect continues to boost sentiment and trading volumes.

Royal London Asset Management saw outflows more than double in the first quarter compared to the same period last year, although it reported strong growth in its pensions business.

Findlay Park has launched a sterling unhedged share class for its American and Latin American funds, to allow investors to manage their own currency exposure.

Standard Life has completed the acquisition of wealth manager Pearson Jones from Skipton Building Society, a move which represents its return to offering financial advice.

Ros Altmann has been named as the next pensions minister, replacing Steve Webb.