News

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.

Henderson's Chris Burvill is buying AstraZeneca, among other firms, in a move to benefit from merger and acquisition speculation.

The Financial Services Compensation Scheme (FSCS) is facing claims worth around £2.5m for 12 investment and life & pensions firms newly declared in default - which would need to be paid for by investment adviser levypayers.

Apple has acquired headphone manufacturer Beats Electronics - the company part-owned by hip hop mogul Dr. Dre - for $3bn, after carrying out its largest ever acquisition.

The chance of a rate rise this year has moved a step closer after one of the Bank of England's policymakers said a rise in the cost of borrowing should happen "sooner rather than later".