News

Polar Capital plans to add a second European Income fund to its range following demand from clients for a fund which excludes UK stocks.

There is more chance of a recession in Switzerland than there is in Greece following the Swiss National Bank's decision to scrap its cap on the franc, according to economists.

Novia Global is to launch an offshore version of its platform to allow expats greater access to DFMs and offshore funds.

Mirabaud Asset Management has poached a four-strong fixed income team to work alongside head of high yield Andrew Lake.

Standard Life Wrap has partnered with eight discretionary firms in a bid to enhance the service it offers advisers facing up to pension freedom challenges.

Brooks Macdonald's Mark Watson has joined Morningstar as director of UK intermediary sales.

BlackRock has changed the name and investment objective of its Global Bond fund, managed by Scott Thiel, who will also gain two co-managers.

The board of the Pacific Assets trust, managed by First State's Asia team, will scrap its performance fee, following the lead of a number of other vehicles in the closed-ended space.

Bank of England Governor Mark Carney has warned the eurozone could sink further into its 'debt trap' as austerity measures choke off growth.

Charlie Long and Nick Judge boosted the performance of the £304m GLG UK Select fund in 2014, after a rocky second quarter forced them to review the fund's risk management processes.