News

Martin Currie has hired Damian Taylor as investment manager in its Edinburgh-based Asian equities team.

Multi-asset managers have been moving back into property for the first time since the financial crisis, as higher income levels from the sector attract yield-hungry investors.

The number of people saving adequately for retirement has hit an all-time low, while aspirations for pension income have risen, a Scottish Widows report has found.

Legacy commission still accounted for more than half of adviser income at end of March, according to research released today.

M&G's director of UK advisory has predicted it could take up to two years to properly gauge demand for restricted propositions among the adviser community.

Goldman Sachs Asset Management has soft-closed its N-11 Equity Portfolio less than three years after launch, as assets in the strategy swelled beyond $1.7bn (£1.1bn).

London's leading share index has started the week firmly lower, with global sentiment knocked by worse than expected Chinese manufacturing data which had already sparked yet another slump for Japan's stock market.

Former Investment Management Association (IMA) chief Richard Saunders has joined Investec Asset Management's board as a non-executive director.

Henderson Global Investors has reopened its UK Absolute Return strategy, managed by ex-Gartmore duo Luke Newman and Ben Wallace, Investment Week can reveal.

Troy Asset Management has launched an offshore mirror version of its popular Trojan Income fund, headed by Francis Brooke and Hugo Ure, after it soft-closed the onshore portfolio last month.