News

Pan-Africa fund house African Alliance is to launch a concentrated global equity fund into the UK, run by F&C's former European equities manager Peter Jarvis.

Neil Woodford has ended a 10-year investment in Reckitt Benckiser after the shares became "too expensive" to justify holding any longer.

The economic situation in Japan over the last two decades can teach Western economies a number of lessons, with the region actually very successful at boosting its own citizens' wealth, M&G's bond veteran Richard Woolnough has said.

Large-cap funds in the UK Equity Income sector have increased the concentration of their top ten holdings even as the UK's largest stocks begin to struggle, data compiled for Investment Week has revealed.

Emerging markets specialist Ashmore has partnered with ETF provider Source to launch a suite of actively-managed emerging market debt ETFs.

Mining giant Rio Tinto has rebuffed a takeover bid from rival Glencore in August which would have created the world's largest listed mining group.

Premier Asset Management is now majority-owned by Elcot Capital Management after the company increased its stake to more than half of the business.

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Partnership

BNY Mellon is set to acquire US-based fixed income and solutions specialist Cutwater Asset Management, bolstering Insight Investment's capabilities in the process.