News

Aviva Investors has appointed Ian Pizer from Standard Life Investments' GARS team as senior asset manager on its multi-asset team, led by Peter Fitzgerald.

Jupiter's global head of distribution, Simon Hynes, is to leave the group after 12 years to take a sabbatical.

Neil Woodford's new income fund will aim to deliver high single digit returns annually, despite a 'challenging' economic backdrop he predicts will weigh on markets.

The unloved aviation industry has been dead money for decades for many investors, but it now offers some compelling opportunities after widespread restructuring, Ardevora partner Gianluca Monaco has said.

Bank of England Governor Mark Carney has tried to defuse expectations of an imminent rate hike by saying it would "not be the right tool" to deal with a booming housing market.

Former head of research at Premier Asset Management, Raj Hallen, has joined Albemarle Street Partners as a director and shareholder.

The Financial Reporting Council has formally agreed proposals from the Investment Management Association that will see fund managers break down profits and losses in pounds and pence figures for the first time.

Majedie Asset Management has hired Fidelity's Adrian Brass as it prepares a push into the global and US equity space via three fund launches next month.

Troy Asset Management's Francis Brooke has said the proposed takeover of AstraZeneca will go ahead once Pfizer eases politicians' concerns on the future of the UK's research industry.

Bond investors' "desperation" for yield can lead to many funds taking too much risk at the wrong price, Invesco Perpetual's Paul Read has warned.