News

Multi-asset managers are using setbacks such as that caused last week by unrest in Ukraine to increase their exposure to buoyant markets.

Polar Capital's chief executive Tim Woolley has sold 500,000 shares in the company for almost £2.4m.

Multi-manager Tony Yousefian is to join Charteris Treasury Portfolio Managers following his exit from City Financial.

Legal & General is to close its £222m Global Macro Themes fund - formerly David North's Diversified Absolute Return trust - as current manager Ben Gill leaves the group, Investment Week can reveal.

Generational changes in fund management do not, by nature, occur often.

The US economy added 175,000 jobs in February, ahead of estimates and confounding fears that continued bad weather would hurt the employment recovery.

Activist investor Edward Bramson has added to his stake in Electra for the second time in a week, making a 10% profit in the process.

Alliance Trust has begun to implement plans to relocate parts of the business to England, amid growing uncertainty caused by the upcoming referendum on Scottish independence.

The president of the European Central Bank (ECB) has said the currency crisis in Ukraine could have serious and long-lasting implications for the European energy market.

George Osborne is potentially facing a £20bn black hole in the public purse when he delivers the next Budget, according to a recreation of government models put together by the Financial Times.