News

Mark Little, an associate director in the discretionary sales team at Henderson Global Investors, is set to leave the company.

Barclays is to cut around 450 jobs in the UK, including a third of its private bankers.

Old Mutual Global Investors (OMGI) has reported rising net sales in the third quarter, which it attributed to strong flows into its new UK Alpha fund for former Schroders' head of UK equities Richard Buxton.

Former Legal and General head of structured solutions James Harrington is joining Lowes Group as a consultant.

Former Charlton Athletic FC footballer Richard Rufus, who later began a career as a 'financial consultant', has been declared bankrupt.

Invesco Perpetual has implemented a dilution adjustment to the price of Neil Woodford's Income and High Income funds, moving to bid pricing on both portfolios after a recent surge in outflows.

Mirabaud has launched a global bond fund for its head of convertible bonds Renaud Martin.

Miton Asset Management is to soft-close the Miton UK Multi Cap Income fund at the end of the month following strong inflows.

Ascentric, the Royal London-owned wrap platform, has seen net new business jump by 46% in the third quarter.

Bill Gross' Pimco Total Return fund has lost its position as the largest mutual fund in the world after investors pulled over 13% of assets from the fund since the summer.