Members of life and pensions mutual Royal London have agreed to proposals to acquire the life insurance and asset management businesses of the Co-operative Banking Group.
AXA IM's global head of fixed income Theo Zemek has warned bond markets are becoming increasingly unpredictable and says investors "should not touch" long-dated debt of any variety.
ING IM International has appointed BlackRock managing director Stan Beckers as chief executive officer following the departure of Gilbert Van Hassel.
Nearly five years after the worst of the financial crisis, the global economy still faces huge challenges.
The Financial Conduct Authority (FCA) is planning a consultation on the sale of new complex financial products created by banks and building societies to boost capital.
The Financial Conduct Authority (FCA) has banned the sale of unregulated collective investment schemes to ordinary retail investors.
Venture Capital Trusts (VCTs) and Enterprise Investment Schemes (EIS) have been granted an exemption from the FCA's ban on sales of unregulated collective investment schemes (UCIS) to retail investors.
Concerns over a potential end to US quantitative easing saw global fixed income markets slump in May, but further sudden sell-offs may be less likely.
Investec Wealth & Investment's chief investment strategist Jim Wood-Smith has left the business.
ING IM has hired a new head of emerging market debt(EMD) from Aviva Investors.