News

Aviva Investors has again added to its multi-asset team as it prepares to go head to head with Standard Life Investments' GARS product.

L&G is to merge away its underperforming L&G Equity and L&G UK Active Opportunities funds in mid-November.

China's central bank has followed the ECB's move to boost its economy, after revealing plans to inject a fresh round of capital into its banking system.

Ascentric has posted a £0.6m loss for the 2013 financial year after "significant" investment in technology which cost it £1.6m last year.

Kames Capital is to manage the latest addition to Aegon's fund range, a High Income fund intended to help investors take advantage of pension rule changes.

UK unemployment fell to its lowest level in six years in the three months to July, according to the latest figures from the Office for National Statistics (ONS).

Two members of the Bank of England's Monetary Policy Committee again voted to raise rates this month, minutes from the latest meeting show.

Old Mutual Global Investors (OMGI) has appointed a new Asian equities team headed by Joshua Crabb, previously at BlackRock.

Brooks Macdonald has reported a sharp uptick in funds under management year on year following a raft of acquisitions in 2014.

Standard Life Investments (SLI) has added a short duration global bond fund to its fixed income range.