News

Chancellor George Osborne has ordered the Treasury to draw up plans for a mass give-away of RBS shares to taxpayers by the next election in 2015, according to reports.

Lombard Odier Investment Managers (LOIM) is merging its global and emerging fixed income arms into a single unit.

Charles Hepworth, investment manager in charge of GAM's discretionary fund management (DFM) offering for UK IFAs launched in November, has revealed his top fund picks for the range.

Ratings agency Moody's has downgraded the credit rating of McGraw-Hill, the parent of the world's largest ratings company, rival Standard and Poor's.

Standard Life Investments' Thomas Moore, manager of the £105m UK Equity Income Unconstrained fund, has sold out of UK pharmaceuticals amid fears the sector faces further earnings downgrades this year.

A US equity fund targeting the Japanese retail market has seen one of the largest subscriptions ever as domestic investors pile into overseas stocks on fears over the yen.

UK stockpicker tips another strong year for equities, fuelled by investors' changing asset allocation strategies.

Threadneedle's head of interest rates and currency Matthew Cobon has initiated a tactical ‘long sterling' trade in the view the currency's recent slump is overdone.

BlackRock has appointed Nigel Bolton as chief investment officer for the EMEA and Asia regions.

Miton's managing director Gervais Williams is to take over the management of the Henderson Fledgling investment trust he ran for almost a decade at Gartmore, ahead of a planned merger with his £127m Diverse Income trust.