News

Carbon Financial Partners took home the inaugural Adviser Firm of the Year (UK) trophy at the 2015 Professional Adviser Awards, which recognises excellence across adviser firms, providers, platforms and asset managers.

The managers of the Ruffer investment company have slashed their exposure to the US dollar on fears it is no longer fit to act as a hedge, and have moved into the Japanese yen instead.

Germany has said it is willing to compromise with Greece on the terms of repaying its bailout debt.

BNP Paribas Investment Partners has appointed Mike Woolley as head of external distribution for the UK.

The Bank of England may have to resort to the interest rate cut that Governor Mark Carney alluded to in his Inflation Report speech this morning, according to some market watchers.

With interest in Asian equity funds having dwindled in recent months as concerns over emerging markets escalate, Premier Asset Management's Simon Evan-Cook outlines the portfolios he still backs in the region.

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.