News

Mirabaud Asset Management has launched a Global Equity High Income fund for new recruit Kirill Pyshkin.

Neil Woodford is considering opening talks with his former firm Invesco Perpetual about a private multi-billion pound deal to bring across his old stakes in the country's largest stocks, and avoid creating havoc in their share prices.

GLG has hired veteran European fund manager Rory Powe as it moves to expand its product range with a European long-only fund.

Drugs and prostitution are to provide a £10bn boost to the UK economy, after a major shake-up to the way the Office for National Statistics (ONS) calculates GDP.

Asset managers are likely to engage in a "fundamental rethink" of their retail strategies as more customers go direct in future, according to analysts at Barclays.

Keith Speck has left Baker Tilly Investment Solutions to take a sales role at Argonaut Capital Partners.

Invesco Perpetual has promoted Andrew Hall to co-manager on its £163m Global Opportunities fund alongside Stephen Anness.

Dan Kemp has left Albemarle Street Partners (ASP), less than two years after co-founding the consultancy, to join Morningstar.

Five years into an equity bull market, and with significant changes to the UK's savings regime on the horizon, more investors are asking: how important is a fund's relative performance?

Goldman Sachs' statistical model of the 2014 World Cup has predicted Brazil will beat Argentina in the final - and given England just a 1.4% chance of success.