News

Nick Gartside, co-manager of the JPM Strategic Bond Fund, has said that a divergence in central bank policies could lead to more diverse returns for fixed income investors in future.

Old Mutual Wealth has appointed former Rathbone Brothers chief executive Andy Pomfret as a non-executive director.

PSigma Asset Management has suffered further outflows following news of Bill Mott's retirement, after an institutional client withdrew from an income mandate.

UK 'challenger bank' Aldermore is set to float later this month, with a share price which values the business at around £800m.

Small-cap rethink

Cofunds is planning to review the language of a client letter after an adviser slammed its 'provider speak'.

A top regulatory lawyer has warned the Financial Conduct Authority (FCA) could eventually ban all forms of corporate entertainment by asset managers.

The Association of Investment Companies (AIC) has elected Peter Arthur to replace Andrew Bell as chairman.

Chelverton Asset Management has revealed some of the stocks the group expects will power its new UK Equity Growth fund when it launches later this month.

Tesco's third largest shareholder Warren Buffett has described his investment in the supermarket as a "huge mistake".