News

Jupiter's emerging Europe specialist Elena Shaftan is to retire from the group, with her funds handed over to Kathryn Langridge, Investment Week understands.

Data provider FE has named several rising stars of fund management in its 2014 Alpha Managers list, as well as recognising the industry's veterans.

Financial advisers' preference for multi-asset funds marks the "biggest cyclical change for 30 years", an Allianz Global Investors retail sales head has said.

Aberdeen head of global emerging markets Devan Kaloo has said the asset class will avoid a 1998-style collapse despite the sharp slides in currencies seen in recent weeks.

Hargreaves Lansdown shares have fallen sharply this morning after the group announced its interim results and a reversal of some of its new pricing plans.

Hargreaves Lansdown has reversed its decision to increase charges for clients who hold investment trusts as it announced a set of record-breaking results.

Chief secretary to the Treasury - and Liberal Democrat - Danny Alexander has ruled out a further cut to the top rate of income tax before next year's general election.

Edward Bonham Carter has compared the reaction of markets to the end of ultra-loose policy to "Lance Armstrong coming off the drugs" in one of his final speeches as Jupiter chief executive.

The £1bn UK Commercial Property trust run by Ignis Asset Management has cut both its fees and its dividend in a move to a 'more sustainable policy'.

Former Royal Bank of Scotland head Stephen Hester is to join insurer RSA as CEO with immediate effect.