News

Baring Asset Management has appointed James Ross to the newly created London-based role of director of investment process.

Mattioli Woods, the pension consultant and wealth manager, has reported increased pre-tax profits of £5.56m, up 9.9%, for the year ended 31 May.

Goldman Sachs Asset Management (GSAM)'s fixed income team has been adding to emerging market debt following a sharp sell-off in the asset class, in the view valuations are at attractive levels.

The Indian rupee has plummeted to a record low as the soaring oil price and internal economic problems continue to derail growth.

J.P. Morgan could be hit with a fine of more than $6bn from US authorities as they pursue the bank over sales of securities to government-backed mortgage companies.

Markets around the world sold off overnight while oil continued to soar, as the prospect of military involvement in Syria's civil war grows.

European financials are among the day's biggest fallers as benchmark French and German indices struggle amid intensifying geopolitical concerns.

Gold has climbed above the $1,400 mark for the first time since June, re-entering a bull market as disappointing US data and worries over Syria push investors into safe havens.

Spanish police say they have arrested a former JPMorgan Chase trader wanted by the United States for allegedly falsifying bank records to cover up $6bn in trading losses.

Alan Gadd has joined Artemis as head of product and distribution development as the group further expands its distribution capabilities.