News

Lazard is planning to merge Lloyd Whitworth and Alan Custis' £80m UK Alpha fund into its smaller UK Omega fund, subject to shareholder approval.

The Bank of England has said it is prepared to cut rates further and expand its quantitative easing programme should the current downward slide in inflation worsen materially.

Asset managers should have to abide by similar regulation to annuity providers if they are to get involved in the retirement income market, argues the Financial Inclusion Centre.

Investec Asset Management's Bradley George is leaving his role as head of commodities and resources to take up a senior position with the group in the US.

Jupiter Asset Management is at a "crossroads" and its profit growth may be at an artificially high level, according to Franklin Templeton's Paul Spencer.

Royal London Asset Management (RLAM) has reported net external business inflows of £2bn in 2014, driven by sales of Martin Cholwill's UK Equity Income fund.

Neptune is replacing the outgoing manager of the £66m UK Opportunities fund with its head of UK equities Mark Martin as it continues to restructure its fund range.

Old Mutual Wealth is to launch a flexi-access drawdown facility on its Collective Retirement Account ahead of pensions freedom on 6 April.

BlackRock has hired Deborah Winshel as managing director and global head of impact investing as it launches a dedicated platform for investors with social and environmental criteria.

L&G Investment Management has appointed Omar Saeed as a senior fixed income manager.