News

Legg Mason has agreed to acquire a majority interest in Australian global listed infrastructure business RARE Infrastructure for a total consideration of up to £94m.

Jupiter Fund Management has reported net inflows of £1.4bn for the six months to 30 June and a 74% rise in pre-tax profit over the same period.

BlackRock has reduced the ongoing charges figure (OCF) on five of its most popular index funds with nearly £16bn in assets under management.

An event highlighting the opportunities, challenges and risks for financial advisers and wealth managers accessing alternative investments returns to London later this year.

M&G Recovery fund manager Tom Dobell has said improved stock selection is helping his £4.5bn portfolio regain its poise this year following a period of significant underperformance.

UK GDP increased by 0.7% in the second quarter of 2015, according to the Office for National Statistics' initial reading, the tenth consecutive quarter of positive growth.

Brevan Howard Asset Management senior economist Dr Gertjan Vlieghe is to join the Bank of England's Monetary Policy Committee as of September.

Insurer RSA has topped the FTSE All Share leaderboard this morning after rival Zurich Insurance confirmed it is considering a bid for the company.

What were the top ten bestselling pension funds in June?

Rathbones Unit Trust Management has seen its inflows more than halve compared to last year, reflecting a trend for outflows in the industry as a whole.