News

Ecclesiastical has appointed Mark Hews as group chief executive officer with immediate effect.

Artemis Strategic Assets fund manager William Littlewood is running the lowest net equity position in the fund's history in expectation the current rally cannot continue.

A number of global emerging market fund managers have been cutting exposure to the defensive consumer staples sector, as fund buyers warn their positioning has damaged performance.

Fidelity FundsNetwork has confirmed it is reviewing its charging structure for investors in its Navigator range who buy the funds via its own platform.

Skandia has expressed fresh doubts about negotiating preferential share classes with fund managers, instead focusing on launching unbundled share classes that will continue to pay rebates.

Jupiter's £400m Ecology fund has added a second benchmark, the FTSE Environmental Technology 100 index, as manager Charlie Thomas proclaims environmental investing has "come of age".

Apple wowed the debt markets on Tuesday with the largest ever bond deal for a non-financial institution.

Henderson Global Investors has managed to reverse outflows from its retail book after seeing the first net inflows into the business since Q1 2011.

Legg Mason is introducing a sterling-hedged share class on its offshore Legg Mason Royce US Small Cap Opportunity Fund in response to client demand in the UK.

George Osborne has said the Bank of England's new Financial Policy Committee must provide "consistent messages" so it does not risk jeopardising the economic recovery.