News

The Governor of the Bank of England has indicated his policy of linking interest rates to unemployment could be scrapped less than six months after its creation.

Fundsmith founder and City financier Terry Smith is planning to launch an investment trust focusing on emerging markets.

Miton Group has agreed to sell its Liverpool-based funds business, Miton Capital Partners to Seneca Investment Managers in a £6m deal.

Arch Financial Products' chief executive Robin Farrell and compliance director Robert Addison have hit back at allegations they lied in court, saying these were false and unfair.

Brown Shipley has become the latest group battling for Jupiter Asset Management's wealth arm, according to sources.

GLG's new recruit Henry Dixon has said the dual combination of rotation out of fixed income and the return of M&A could drive UK equities to new highs this year.

Threadneedle head of US equities Cormac Weldon and fellow team member Stephen Moore are to join Artemis to launch a US equities franchise.

A turning point in the performance of Eastern European equities may finally be on the cards this year, according to Sam Vecht, co-manager of the BlackRock Emerging Europe trust.

Financial research group Defaqto has appointed former adviser network director Frank Potaczek to head up its insight and consulting wing.

Investors' misplaced belief that US stocks are overvalued has made it the "most unloved bull market" in 40 years, veteran US fund manager Ed Cowart has said.