News

Newton Investment Management has rebranded three funds in its mixed-asset range, as well as cutting charges on two portfolios and repositioning the third.

Former Dalton Strategic Partnership co-founder Magnus Spence has joined Dexion Capital as head of asset management.

Charles Stanley's Chris Bolshaw and Jeremy Sharp and five of their colleagues are to join Walker Crips to open a new office in Truro at the end of February.

Robert Mumby has retired from fund management after nine years at Jupiter, handing his funds to Guy de Blonay.

Retirees who had already purchased an annuity may be able to benefit from the pension freedoms announced at last year's Budget by selling theirs to the highest bidder.

The Investment Management Association (IMA) has rebranded as The Investment Association to reflect its wider remit as an enlarged organisation.

The PIMCO Total Return Bond fund reported $19.4bn in outflows last month as redemptions accelerated again as the year drew to a close.

Investec is understood to be the latest financial services group considering a bid for Coutts International.

The euro has continued to fall in overnight trading as a stronger dollar and expectations of full-blown quantitative easing weigh on the single currency

In the second part of our rundown of the best and worst funds of last year, we take a look at the bond, multi-asset, property and technology sectors.