News

UK equity income managers have found their early purchases of Lloyds Banking Group thwarted by a longer than expected delay in the bank restarting dividend payments.

J O Hambro Capital Management (JOHCM) has recruited a former Fidelity investment team ahead of the launch of a small and mid-cap US equity fund this quarter.

Jupiter Asset Management's Peter Lawery, a key part of the group's Merlin multi-manager team headed by John Chatfeild-Roberts (pictured), is to retire at the end of the year.

Insight Investment's flagship Equity Market Neutral fund is planning to increase its exposure to European equities following the hire of portfolio manager Gareth Jenkins.

Fund managers have been feeling the squeeze on pricing this year, with distributors including Hargreaves Lansdown forcing down headline prices on funds as businesses adapt to the new world.

Natixis Global Asset Management has launched a global concentrated equity fund with a focus on long-term value.

Unicorn Asset Management has hired two junior fund managers to work across the group's fund range.

The Serious Fraud Office is investigating an allegation of fraud against a number of investment funds operated by Stirling Mortimer Global Property fund.

Schroders has hired British Cycling's head coach as a consultant, tasking him with analysing the behavioural biases of senior fund managers.

Neil Woodford's top ten holdings in his Woodford Equity Income fund contain few surprises, with AstraZeneca, GlaxoSmithKline and British American Tobacco the three largest positions.