News

AXA Wealth's Corporate Investment Services business is increasing the investment universe for employee benefits consultants by adding exchange traded funds (ETFs) to its bespoke Investment Only offering.

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), has been recognised for helping "shift the culture of financial regulation" by putting "the interests of consumers first".

Polar Capital is looking to expand its number of investment teams, adding it has been encouraged by "unsolicited approaches", after nearly doubling assets under management in its last financial year.

Lloyds Banking Group has increased the amount of shares it is to sell as part of the TSB initial public offering following stronger than expected demand.

Chief executive of Barclays Wealth and Investment Management Peter Horrell is to leave the company at the end of the year.

Invesco Perpetual head of UK equities Mark Barnett is finalising new hires to his team as he seeks to strengthen its capabilities following recent departures to Woodford Investment Management.

Former Financial Services Authority director Sheila Nicoll has joined Schroders as head of public policy.

Adrian Lowcock has left Hargreaves Lansdown after just 18 months at the D2C platform giant.

Investors may see UK interest rates rise earlier than the 2015 date priced in by the markets, the Bank of England governor Mark Carney and the MPC have warned, but some economies have to cope with much higher rates.

Wealth manager Charles Stanley has reported a 33% drop in profit before tax following a year of "significant" cost which has seen it spend millions on acquisitions.