News

Charles MacKinnon, chief investment officer at Thurleigh Investment Managers, has named five funds he is backing as he looks to boost exposure to equities in his portfolios.

Verona Smith, Cofunds marketing director, has exited the platform following its takeover by Legal & General, Investment Week understands.

London & Capital has launched a private office targeted at ultra high-net-worth financial services professionals.

Alliance Trust Investments is to close its North American and European equity funds, as the group completes the second stage of a strategic review.

The final Inflation Report of governor Mervyn King's term has seen the Bank of England revise up growth forecasts but caution inflation will still likely peak above 3% this year.

Global banking giant HSBC has warned a further 14,000 jobs are at risk over the next three years.

Japan's benchmark index has broken through the 15,000 barrier for the first time since 2008 as investors continue to cheer policymakers' efforts to weaken the yen.

The French economy has officially entered its third recession in four years after shrinking in the first quarter of 2013, data released today has revealed.

Jupiter has promoted Mike Buhl-Nielsen to lead manager on its Europa fund as Stephen Pearson steps back to focus on his deputy chief investment officer responsibilities.

Anthony Cross and Julian Fosh have made rare additions to their Liontrust portfolios, and Standard Life Investments' Ed Legget has bought a raft of new stocks as the shape of the UK market begins to change.