News

Sheila Nicoll, former FSA director of conduct policy, has joined Ernst & Young's asset management practice as a senior adviser.

Star manager Richard Buxton has listed seven key things he has learnt since starting his career in fund management.

Chancellor George Osborne has urged cabinet colleagues "not to get ahead of themselves" about the UK's economic recovery.

The leaders of the BRICS countries - Brazil, Russia, India, China and South Africa - are planning a $100bn (£65bn) fund to protect against financial shocks.

Hermes' Fraser Lundie has outlined four golden rules investors should follow to invest successfully in high yield bonds, at a time of strong headwinds for the asset class.

Andreas Zoellinger, co-manager of the BlackRock Continental European Income fund, is backing mid-caps for dividends as valuations in some larger companies become overstretched.

Update: Benchmark ten-year gilt yields have hit a fresh two-year high of over 3% after the Bank of England opted not to release further ‘forward guidance' earlier this afternoon.

PSigma is to close Tom Becket's £18m Dynamic Multi-Asset fund, taking the firm's range down to three funds.

A group of MPs will next year evaluate the impact of the Retail Distribution Review (RDR) - with a particular focus on the ban on commission - in what represents the first independent, external probe into the RDR's influence.

Kames Capital's fixed income specialists David Roberts and Philip Milburn are seeing value return to long-dated bonds following the recent spike in bond yields.