News

Investors fled Italian equities on Monday morning as political tensions resurfaced in Italy, while fears of a potential US government shutdown also impacted markets across Europe.

Former Morningstar OBSR employees Peter Toogood and Gill Hutchison are to join City Financial next month.

Albemarle Street Partners has won a mandate to advise IFA group Newell Palmer on the management of its £500m advisory investment service.

F&C multi-manager heads Rob Burdett and Gary Potter have increased their position in Asia from underweight to neutral, despite believing things will get worse before they get better for certain parts of the region.

Hargreaves Lansdown said the move to super clean share classes will not automatically lead to a ‘new normal' annual fund charge of 65bps, claiming it has already negotiated greater discounts with some groups.

The second part of the Help to Buy scheme will be available from next week after the government brought forward the launch date by three months.

Markets across Asia have fallen on news the US government may be headed for its first shutdown of services in almost 20 years.

GLG veteran John White has handed over his funds with immediate effect as he takes a more senior role at parent company Man Group, Investment Week can reveal.

The Financial Conduct Authority (FCA) is to defer its capital adequacy requirements on personal investment firms (PIFs) - which were due to kick in at the end of this year - by a further two years, and will use the time to review its entire approach to...

A consortium involving Schroders and Threadneedle has failed in its bid to buy 314 bank branches from RBS after the bank agreed a sale with another bidder.