News

Bob Woods, executive chairman of advice firm Mattioli Woods, is to pay out half the value of his 15.1% stake in the firm to his ex-wife under the terms of their divorce settlement.

Tony Mann has joined Alpha Portfolio Management to spearhead the expansion of its private client offering.

The Conservative government will introduce legislation ruling out increases in income tax, value added tax (VAT) and national insurance rates for the next five years, it was confirmed in the Queen's Speech, which also detailed plans for an in-out EU referendum...

The government has pledged to keep the triple lock on state pension increases until 2020 and to leave pensioner benefits such as the winter fuel allowance untouched.

River & Mercantile's Philip Rodrigs has said there is "genuine strength" in the UK economy, which is reflected in small-cap companies extending their reach throughout the UK.

European Wealth has announced plans to acquire financial planning firm ISM Solutions and further 'bolt-on acquisitions', after raising £2m through a share placement.

Fixed income manager Chris Bowie believes the impact on businesses from uncertainty surrounding the EU referendum and a potential Scottish vote is being underestimated by the market.

Bill Gross has admitted failing to successfully implement one of the best calls of his career in his own portfolio earlier this year.

Aberdeen Asset Management is to acquire FLAG Capital Management in a bid to strengthen its alternatives platform and US offering.

Sales of absolute return and short-term money market funds jumped in April, according to the Investment Association, as investors adopted a more cautious approach.