News

Psigma Investment Management has teamed up with City Financial to launch a European high yield fund for its head of credit John Sullivan.

Invesco has sold almost 17 million shares in the Macau Property Opportunities fund in the latest disposal of stock held by Neil Woodford's Income funds.

Emerging markets have endured a torrid time this year as investors focused on resurgent developed economies such as the US, but with growth likely to struggle again next year, one manager has highlighted three core strategies investors should follow if...

Old Mutual Global Investors is to launch an offshore mirror version of Richard Buxton's £1bn Old Mutual UK Alpha Fund.

Nordea Asset Management has added two bond funds and two specialist equity funds to its product range, including a portfolio focusing specifically on Nordic credit markets.

The J.P. Morgan Senior Secured Loans trust has failed to meet its £100m fundraising target after Investec Wealth & Investment opted not to back the launch.

Investors in the failed Arch cru funds have called for SPL Private Finance to drop its lawsuit against Arch Financial Products and its chief executive Robin Farrell, saying it would "only damage what remains of their investments if unsuccessful".

Shareholders of RSA Insurance have ordered the firm to be put up for sale after the discovery of a £500m shortfall on its books that forced the resignation of its chief executive.

Former Gartmore manager Guillaume Rambourg has launched his first long-only European equity fund for new venture Verrazzano Capital.

Shares in insurer RSA fell by as much as a fifth this morning after its chief executive quit amid a burgeoning crisis within its Irish division.