News

The Investment Management Association (IMA) has warned funds in the £ Corporate Bond sector over excessive exposure to cash and non-core securities, Investment Week understands.

The leading US equity markets hit fresh record highs on Monday, suggesting a ‘Santa rally' is well underway in the run up to Christmas.

Anthony Bolton's successor Dale Nicholls has revealed how he plans to make his own impression on the Fidelity China Special Situations investment trust when he takes over on 1 April next year.

M&G's Randeep Somel is looking to steer the £4.2bn Global Basics fund into new territory when he takes over from Graham French, buying technology, pharmaceuticals, and financials in a first for the portfolio.

Veteran fund manager Graham French is to leave M&G, handing over his Global Basics fund to his co-manager. Should holders of the fund consider other options?

M&G Global Basics fund manager Graham French is to leave the group, Investment Week can reveal, as he retires from fund management after a 25-year career.

UBS Wealth Management UK has poached a six-strong team from Deutsche Bank to broaden its service to financial planners.

Canada Life Investments has merged away Canlife General and Canlife Growth - two of the country's longest-running unit trusts - as it restructures its fund range as part of a push into the UK market.

The number of calls to the Financial Conduct Authority (FCA)'s ‘whistleblower hotline' to report suspected malpractice in the financial services industry has jumped 23% in the last year, according to figures obtained by law firm RPC.

City Financial plans to launch an independent fund research service in the spring for Peter Toogood and Gill Hutchinson.