News

Mirabaud Asset Management has launched a high yield bond product for its latest recruit Andrew Lake, who joined the group from Aviva Investors at the start of the year.

Renaissance Asset Managers (RAM) plans to soft-close its Sub-Saharan fund as significant inflows over the past year have taken it close to capacity.

F&C has announced several changes to its £2.6bn Foreign & Colonial investment trust, including the creation of two new sub-portfolios.

Analysts at Citigroup have hiked their 2013 FTSE 100 forecast to 7,000, suggesting the UK's blue chip index can still add another 10% by the end of the year.

The platform industry will struggle to ever break even as a whole, according to research into firms' financial stability.

Barclays chief executive Antony Jenkins has rejected his bonus package for 2012, saying it would be wrong for him to accept it after a year in which scandal engulfed the bank.

Former Tory Chancellor Nigel Lawson has called for George Osborne to fully nationalise RBS and criticised the bank's so-called "star" traders.

Germany's AAA credit rating will come under increasing scrutiny this year as investors shift their focus, according to Cosimo Marasciulo, head of government bonds and FX at Pioneer Investments.

Troy Asset Management is to soft-close Francis Brooke's Trojan Income fund in order to protect performance for existing investors.

JO Hambro Capital Management's Alex Savvides has revealed some of his favourite recovery stories over the past year, which he thinks have even further to go.