News

Polar Capital has hired Nick Davis from Threadneedle to launch a new European equity income franchise later this year.

The Financial Conduct Authority (FCA) has banned and fined a former senior partner of St James's Place after clients lost out investing in companies he controlled.

Architas is the latest group to slash pricing on its range of passive multi-asset funds as the price war in the tracker space continues to rage.

Michael Clements and Claire Manson are to take over management of the Oyster range of European equity funds after being hired by Swiss group Syz & Co.

Holly Mackay, the founder and MD of platform advice, research, and events firm The Platforum, has resigned from the business, the group has confirmed.

UK CPI inflation fell from 1.6% to 1.5% in August, a level seen on only two other occasions over the past five years.

Royal Bank of Scotland could be forced to plug a £5.6bn deficit in its pensions scheme if Scotland votes Yes on Thursday.

Newly-founded fund group Sanditon Asset Management plans to launch a UK long/short fund for Tim Russell as early as November.

The pound could dive a further 10% in as little as a week if a 'yes' vote on Scotland is approved, witnessing a sell-off reminiscent of sterling's fall on Black Wednesday more than 20 years ago, a manager has warned.

Brent crude oil has fallen to more than a two-year low following a thinktank's move to cut its forecast for global oil demand, while markets were muted overnight ahead of a pivotal US Federal Reserve meeting.