News

Magnus Spence, founder and CEO of Dalton Strategic Partnership (DSP), has left the firm after 12 years.

Martin Gray is to join his former Miton co-manager James Sullivan at his new venture Coram Asset Management.

Hargreaves Lansdown has hired Steve Clayton, partner at Mirabaud Securities, as head of equity research.

Threadneedle's Chris Kinder (left), manager of the group's flagship UK fund, has reduced the portfolio's mining exposure after taking over from former manager Simon Brazier in September.

Old Mutual Global Investors' Global Equity Absolute Return (GEAR) strategy is nearing its maximum "comfortable" size, according to co-manager Ian Heslop.

The managers of Ruffer's investment trust increased total return by 0.5% in an "extraordinarily" volatile October as the effect of protective assets finally kicked in.

The Financial Conduct Authority (FCA) has fined Chase de Vere Independent Financial Advisers £560,000 for failures surrounding the sale of Keydata products.

The Financial Services Consumer Panel has said the Financial Conduct Authority (FCA) should consider making fund groups overhaul charging structures in a "radical" change to standard industry practice.

Japan has dropped back into a recession, after GDP shrank for a second successive quarter.

Syz Asset Management, the group behind the Oyster funds range, is opening an office in Edinburgh in a further sign of its commitment to the UK.