News

SVM Asset Management has promoted two investment analysts to deputy managers to assist Neil Veitch and Hugh Cuthbert on the management of their flagship funds.

Brown Shipley has appointed former Sanlam private banking chief Hugh Titcomb to head up its own private banking division.

Capita Asset Services is predicting a record year for UK dividends in 2014, despite a lacklustre period for dividend returns last year.

Nearly 50% of the UK's adviser community wants platforms to carry out bulk switches to clean share classes for their clients, research from FundsNetwork has discovered.

GLG has handed its flagship UK equity income fund to ex-Matterley manager Henry Dixon after poaching him at the end of last year.

Henderson Global Investors has rebranded in a bid to appeal to a wider global audience.

Old Mutual Global Investors (OMGI) is exploring ways to capitalise on new manager Richard Buxton's popularity, including running segregated mandates and potentially launching an investment trust.

J.P. Morgan Asset Management's Nadia Grant is to join Threadneedle as part of its US equities team, headed by Cormac Weldon.

The Bank of England's Monetary Policy Committee (MPC) should hold off on raising interest rates even though its stated threshold for doing so - a fall in the unemployment rate to 7% - is in sight, according to a report.

Barclays Wealth has acted to cut its services for clients with less than £500,000, as it implements plans revealed last year.