News

Adam Parker, one of the co-founders of Majedie Asset Management, is retiring after 27 years in the fund management industry.

UK All Companies funds saw their first inflows in six months in October, despite market volatility, according to the Investment Management Association.

Rob Hudson is leaving his role as head of Charles Stanley Direct at the end of December after three and a half years.

Business investment fell by 0.7% in the third quarter despite a steadily growing economy, Office for National Statistics data has revealed.

Old Mutual Global Investors has hired former Ignis manager Diamond Lee to boost its Asian equities team.

Investec Wealth & Investment has poached three investment directors from Barclays Wealth for its Bournemouth office.

Pioneer Investments' CEO Sandro Pierri will leave the group next year, to be replaced by current CIO Giordano Lombardo.

Schroders is launching a global multi-asset income fund for UK investors, mirroring its existing £4bn offshore strategy.

Ashcourt Rowan has seen a strong six-month period to end of September as its acquisition of UK Wealth Management in April helped boost revenues and assets under management.

The winners of Investment Week's Investment Company of the Year Awards 2014 were crowned at a ceremony in London on 25 November.