News

Two investors are taking TenetConnect to the Financial Ombudsman Service (FOS) after unsuccessfully trying to retrieve money lost due to what they claim was negligent advice to invest in an unregulated overseas property scheme.

Threadneedle's head of UK equities Simon Brazier has flagged the energy and telecom sectors as being at risk in the run up to the 2015 general election.

Old Mutual Wealth reported a more than doubling of net flows in the first quarter of 2014, buoyed by its WealthSelect fund panel.

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.