News

The Alternative Investment Market (AIM) has jumped 25% since legislative changes lifting the ban on direct ISA investments were announced, research by Close Brothers has found.

The appearance of a high-profile activist investor on F&C's share register has added to the uncertainty surrounding BMO's acquisition of the asset manager.

BlackRock has launched a multi-asset emerging markets fund for Jeff Shen, head of its emerging markets team.

Former GP Noble trustee Graham Pitcher's application to appeal his eight-year prison sentence has been refused.

European fund management giant Carmignac Gestion is expanding its UK hub after moving a senior investment manager over to the London office.

Sterling will continue to strengthen this year as investors continue to price in an earlier-than-expected rate rise, according to currency group ECU's head of trading and execution.

Japan's Nikkei has dropped another 2.5% overnight as equity markets move further into the red following a fresh tapering announcement from the US Federal Reserve.

A series of shock rate hikes have failed to prevent a fresh sell-off in emerging market currencies, with developed market equities including the FTSE 100 also caught in the storm.

Advisers are being urged by Nucleus to adopt a phased approach to platform due diligence ahead of the introduction of new rules on 6 April, with pricing ranked as the least important consideration.

The Financial Conduct Authority (FCA) has banned former BGC Partners senior executive Anthony Verrier due to concerns over his integrity, after he was found to have poached former colleagues from a rival firm.