News

Standard Life Investments has appointed Shayne Dunlap co-manager of the Absolute Return Government Bond fund as former Ignis CIO Chris Fellingham leaves the firm.

Old Mutual Wealth has reported a 26% jump in profits and 92% higher net client cash flows in the first half of the year, largely driven by investors taking advantage of the group's drawdown facility following the pension reforms.

Aviva Investors has posted "inadequate profits" once again in the first half of 2015, down 22% from the figure for the same period last year, despite a slowdown in outflows.

Standard Life Investments UK manager Thomas Moore has said Barclays can transform itself under the watchful eye of interim chief executive John McFarlane.

Will Landers, manager of BlackRock's Latin American investment trust, said he has adopted a defensive but more flexible investment approach as the region continues to struggle.

Friends Life is planning to transfer £24bn worth of segregated mandates from AXA Investment Managers to Aviva Investors, following its takeover by the latter's parent company at the end of last year.

The highest court in the UK has backed the Financial Conduct Authority (FCA) in a landmark case that could have far-reaching consequences for risky ventures.

Miton's UK MicroCap trust has announced its first share issue since launch in April, raising an additional £4.3m.

Parmenion Capital Partners will unveil a new product which will blend both active and passive investments according to market conditions.

Nick Greenwood's Miton Worldwide Growth trust has proposed new measures to provide investors with more liquidity in a bid to attract inflows.