News

AXA Investment Managers has hired former J.P. Morgan AM manager Bill Healey and former New Star manager Phil Roantree to boost its fixed income team.

Ecclesiastical Investment Management is seeking to rebrand to Edentree Investment Management, Investment Week understands.

Standard Life Investments has cut fund manager jobs across 15 Ignis equity funds after handing the portfolios to its own managers following its takeover of the group.

Brewin Dolphin has negotiated a deal to reduce its payout to Figaro Technology after it backtracked on plans to roll out a new computer system earlier this year.

Hermes Fund Managers has been rebranded as Hermes Investment Management, adopting a new corporate logo to reflect the change.

Tom Yeowart has joined Troy Asset Management to run the Troy Spectrum fund, working under chief executive Sebastian Lyon and fund manager Francis Brooke.

Online wealth manager Nutmeg is aiming to treble its user base in the coming months as it seeks to get up to scale after posting a loss for 2013.

Wrap platform Novia has formed a strategic partnership with Tavistock by teaming up with Cocoon Investments to acquire a £250,000 stake in the business.

One of Tesco's largest shareholders has significantly reduced its holding in the business in the past month due to a range of 'risk factors', according to reports.

Shorting the Japanese yen while going long equities was a consensus trade last year. The pair have decoupled, but can the trade work again? Tilney Bestinvest's Sophie Muller investigates.