News

The FTSE 100 has reversed gains made earlier this week after the International Monetary Fund (IMF) walked out of bailout talks with Greece.

Three former Brewin Dolphin directors have joined forces to launch their own investment management firm, Brighton Capital Management.

Rupert Harrison, former chief of staff to Chancellor George Osborne, is joining BlackRock to help develop its retirement proposition.

Emerging markets funds have been hit by the biggest level of outflows in seven years, as issues including MSCI stalling on adding Chinese A-shares to its benchmarks weighed on sentiment.

Stephen Mohan, UK director at Europe's largest platform group Allfunds Bank, is set to leave the firm, Investment Week understands.

Pioneer Investments has launched an emerging markets bond short-term strategy in response to investors' need for better protection from rising interest rates.

Improving employment figures in the US are encouraging Premier Asset Management's Jake Robbins to increase his exposure to US healthcare companies.

Investors should be turning their attention to small-cap stocks, instead of their larger counterparts, to play the export-led recovery in Europe, according to S.W. Mitchell Capital's Jamie Carter.

Kames Capital's Phil Milburn has put over 10% of his Strategic Bond fund in high yield index protection, in the belief investors are too complacent about the risk of Greece leaving the eurozone.

The FTSE 100 climbed in morning trading despite a 4% slump in Royal Mail shares as RBS and Sainsbury lifted UK blue chips.