News

A trio of AXA managers have joined Royal London Asset Management (RLAM) as the group brings in-house a £1.6bn property portfolio it has acquired since taking over the Co-operative Asset Management.

Fund ratings agency FundCalibre has named five 'rising star' managers that have not yet made a big name for themselves in the industry, but are tipped to produce strong long-term investment returns.

Ascentric managing director Hugo Thorman is to leave the firm this summer following Royal London's buyout of the platform's minority shareholding in the business.

UK consumer price inflation has fallen to a 15-year low of just 0.5%, driven by plunging oil prices.

Mark Roomans has been promoted to chief executive of Morningstar UK as Geoff Balzano steps back to focus on his role as head of adviser solutions.

The price of a barrel of Brent crude oil has dropped to below $46 in early trading, a fresh six-year low, as the commodity's collapse showed no sign of slowing down.

Lyxor Asset Management and Capricorn Capital have launched a long/short global emerging markets fund as the French asset manager expands its alternatives capabilities.

Assets under management at emerging market specialist Ashmore fell nearly 11% during the last quarter of 2014 as a fresh market sell-off weighed on its funds.

Rathbones has reported a sharp jump in assets under management for 2014 but adopted a cautious stance on the outlook for investors over the next 12 months.

Investec Wealth senior strategist Dawn Kendall is among three new hires at TwentyFour Asset Management, Investment Week can reveal.