News

A firm matching high net worth individuals with wealth managers has received £500,000 funding for expansion into Asia from angel investors.

Odey's Tim Bond has joined the board of Law Debenture investment trust, after being voted in at its 2015 AGM.

Research and ratings group Rayner Spencer Mills Research (RSMR) has launched a range of model portfolios for directly authorised small advisory firms.

Hargreaves Lansdown shares dropped as much as 4% after co-founder and majority stakeholder Peter Hargreaves stepped down from the company's board with immediate effect.

The UK's headline inflation rate avoided negative territory in March but core inflation saw a surprise drop to its lowest level in nine years, latest figures show.

AXA IM has hired a sell-side healthcare specialist as the permanent replacement for former Health fund manager Gemma Game, who left the group last year.

Charlie Wilson, former head of UK retail at Investec Asset Managament, has left the firm following a review of its sales business.

Mark Dampier, head of research at Hargreaves Lansdown, has sold nearly £900,000 worth of shares in the company after exercising share options.

Alliance Trust has revealed it has "accelerated the process" of the search of a new non-executive director ahead of its crucial AGM later this month.

Ashmore has seen further outflows during the first quarter of the year, as investors continued to take money out of emerging market products.