News

Global equity income funds must face up to the prospect of switching sectors in 2015 as the Investment Management Association (IMA) begins to monitor rolling three-year yields.

ING Investment Management is to add a further fixed income strategy to its product range following the hire of a pair of managers from Avoca Convertible Bond Partners.

Royal Bank of Scotland (RBS) has lined up ten bidders for Coutts International as part of a pre-Christmas auction of the business, according to reports.

Oliver Wallin, multi-manager investment director at Octopus Investments, has called for more providers to offer hedged share classes on their funds.

Tesco shares have opened 15% lower after the retailer said full-year profits will come in below market expectations.

Members of the executive committee at the Financial Conduct Authority (FCA) stand to lose their bonuses over the blunder that caused a collapse in prices of large insurance companies, according to reports.

A fresh flight to safety will ensure government bond yields break through "crazy" record lows again in 2015, Brandywine bond manager Regina Borromeo has said.

Former Aberdeen UK discretionary sales head Neil Steedman has joined Matthews Asia head of UK business development.

The Financial Conduct Authority (FCA) has confirmed director of supervision Clive Adamson is leaving the organisation as it makes sweeping structural and personnel changes.

FCA director of enforcement Tracey McDermott is to become the regulator's director of supervision in a shake-up of its reporting lines, according to reports.