News

Baillie Gifford's global alpha equity team have replaced Gerald Smith as manager of the Monks investment trust as the board seeks to improve performance.

Woodford Investment Management, Ruffer, Sarasin and Invesco are among the groups backing a new share placing by Oakley Capital's private equity trust.

The former BlackRock executive who paid £43,000 compensation for dodging train fares has said reports of his wrongdoing have been exaggerated.

Swiss private bank Union Bancaire Privée (UBP) has agreed a deal to buy the international arm of Coutts from the Royal Bank of Scotland.

Fidelity Asian Values manager John Lo has stepped back from running the trust after a 13-year spell in charge, to be replaced by Nitin Bajaj.

Ted Hood, chief executive of ETF provider Source, has left the firm six year after launching the business.

Elliott Advisors has responded to Alliance Trust's formal circular to shareholders, rejecting the company's claims and accusing its board of resorting to "personal attacks".

The Treasury Select Committee (TSC) has said the Financial Conduct Authority (FCA) must do more to show it has learned the lessons of its bungled leak of plans to review the life insurance sector.

BlackRock's head of UK small- and mid-cap equities Ralph Cox has resigned after over 15 years at the firm.

The Financial Conduct Authority (FCA) is proposing to raise £74.9m from financial advisers for the coming year, representing an upswing of 10.2%.