News

Martha Wang, manager of the £2.2bn Fidelity China Focus fund, is taking a career break, with Fidelity hiring BlackRock's Jing Ning to run its flagship China fund.

Legendary investor Jim Rogers has warned a 'hopelessly managed' India could experience a full-blown emerging markets crisis.

Smith & Williamson is reducing the number of holdings in its £87m North American Trust by almost 50% as part of an overhaul of the fund, which also sees lead manager Lady Tana Focke step back from her role.

A Labour Party proposal to re-introduce Stamp Duty Reserve Tax (SDRT) for funds would cost retail investors £145m a year, the Investment Management Association (IMA) has claimed.

Cofunds chief executive Chris Last is to retire from the platform just six months after taking over the role.

Miton has reported pre-tax half-yearly profits of £300,000 to 30 June, down from £500,000 from the same period last year as expenses rose.

Labour will reverse a planned rise in business rates for small firms if it wins the next election, party leader Ed Miliband is expected to say today.

Tom Walker has handed over management of the Martin Currie North American fund to his co-manager Penny Kyle.

Bestinvest has suspended its rating of the iShares S&P 500 ETF, after the provider announced today it will only cut the fee on the accumulating share class, and not the distribution version.

Close Brothers' asset management arm returned to profitability over the full year to 31 July following a restructure.