News

Fund managers will pay £41.8m to fund new regulator the FCA (Financial Conduct Authority)in 2013/14, up 15.7% on the £36.1m they paid towards predecessor the FSA last year.

Ex-Schroders head of UK and European credit Adam Cordery has joined Santander Asset Management after exiting Schroders last July.

Martin Currie has set up an investment hub in Singapore to focus on its growing client base in Asia.

Investment Week and our parent Incisive Media recently unveiled the first of our next generation of Senate events for wealth managers.

The new City watchdog was last night fighting to defend its chairman amid accusations he enabled HBOS to pursue its reckless lending strategy.

Nick Leeson, the trader whose wrong-way bets on Japanese stocks ruined Barings Plc, is joining a mediation firm to advise Irish borrowers looking to renegotiate debts following the real estate collapse, according to reports.

Ingis Asset Management has hired Mira Bhogaita as portfolio manager on the UK equity team.

Chinese and wider Asia stock markets were boosted today by better than expected inflation data from China.

Superficially attractive equity market valuations are concealing a number of warning signs for investors, according to RWC Partners' income managers Nick Purves and Ian Lance.

Psigma Investment Management has cut the AMC on its discretionary fund range from 1% to 0.5% in a move to broaden its reach into the intermediary market.