News

The head of wealth management at Signia Wealth, Rupert Robinson, has left the business after less than a year, Investment Week understands.

VCT specialist Puma Investments has today launched its latest limited life venture capital trust, Puma VCT 10.

Invesco Perpetual may have to overhaul its investment trust range should it retain the £1.4bn Edinburgh trust mandate after the departure of manager Neil Woodford, analysts have said.

Economic thinktank the National Institute of Economic and Social Research (NIESR) has forecast the economy will grow by 1.4% this year.

Henderson Global Investors has appointed Phil Apel as head of fixed income as Jim Irvine exits the firm.

Hargreave Hale is seeking to raise £20m for its VCT range from new and existing investors.

European equity funds focusing on value stocks have posted almost double the returns of their growth-oriented rivals this year, as cyclical companies and the European periphery outperform quality growth plays.

HSBC shares are leading the FTSE 100 today, after the bank reported pre-tax profits grew by almost a third in Q3.

The £5.3bn Findlay Park American fund is set to cut performance and exit fees as it shifts to a total return benchmark index.

Aberdeen Asset Management could cut 150 jobs if the deal to acquire Scottish Widows Investment Partnership (SWIP) goes ahead, according to reports.