News

Standard Life Investments' inflows fell 43% in the first half of this year, but profits still rose 9%.

PIMCO's giant Total Return Bond fund - headed up by Bill Gross - suffered outflows in July, clocking up its fifteenth straight month of withdrawals, according to new data.

Skipton Building Society is to sell its advice arm Torquil Clark to national wealth manager Bellpenny for an undisclosed sum.

Invesco Perpetual has hired Danielle Singer from UBS to become the eighth member of its multi-asset team.

Liontrust chief executive John Ions has sold shares in the company for a total consideration of £486,750, according to regulatory filings.

Legg Mason's CEO tells Investment Week about his ambitious plans for Martin Currie after finally securing a deal the US giant had been chasing "for years".

The threat of rising interest rates to investors' portfolios - in particular their fixed income positions - is becoming more apparent, but can more niche areas like senior secured loans protect them from losses?

Some of the country's top bond fund managers are increasing liquidity in their portfolios over fears a ‘shadow banking' bond market bubble buoyed by ‘tourist' investors may burst.

Woodford Investment Management was the best-selling fund group by active sales in the second quarter of this year, after raising £1.6bn for its Equity Income fund.

HSBC, the largest listed bank in the UK, has reported a sharp drop of 12% in its first half profits for 2014, as declines in emerging markets impacted the group.