News

The European Central Bank has cut benchmark interest rates to a new historic low of 0.15% as it acts to stimulate economic growth and stave off another downturn.

The £2bn Templeton Emerging Markets investment trust (TEMIT) has proposed a fee cut as it prepares to mark 25 years of existence.

BNY Mellon Asset Management has hired Fergus McCarthy from Investec Asset Management as head of advisory, as it restructures its management team after the recent exit of Scott Goodsir, Investment Week understands.

Standard Life has become the second platform to secure cheaper access to Neil Woodford's new fund, after the group negotiated access to the 0.65% AMC share class.

Former Thames River investment director Mike Warren has returned to the asset management industry with a non-executive director position at fund boutique Alquity.

The euro is hovering near a four-month low on the expectation the European Central Bank (ECB) will today take steps to tackle the threat of deflation and lacklustre growth in the eurozone.

The Chartered Financial Analyst Institute has appointed an interim CEO after John Rogers stepped down.

Liontrust Asset Management is set to receive a boost to its share price as the company returns to the FTSE All Share index for the first time since late 2008.

The government's wide ranging reforms of the pension income landscape have been confirmed in the Queen's Speech.

Jupiter has recruited Ross Teverson from Standard Life Investments to head its team of emerging market managers in a newly-created role.