News

Deutsche Asset & Wealth Management has named Jonathan Kent as head of financial intermediaries distribution for the UK and Ireland.

Mirabaud Asset Management's global equities manager Anu Narula has outlined his three best themes to plug into global growth and the economic recovery.

The majority of advisers are positive on the impact the retail distribution review (RDR) will have on consumer confidence, while many have said there are signs it has already started to improve.

Australian data and trading software provider IRESS is set to acquire adviser technology provider Avelo for £210m.

Legal & General (L&G) has signalled its intention to become a "major player" in delivering low cost passive investment solutions to UK retail clients as the group saw profits rise 13% in the first half of the year.

A number of UK equity income managers have begun building positions in Lloyds Banking Group as the lender prepares to return to the UK dividend register.

Credit Suisse has completed the sale of J O Hambro Investment Management to the private client business' management team and Bermuda National Limited (BNL).

Asian markets outside Japan fell again as strong growth in the US services sector stoked fears the country will soon begin tapering bond purchases.

Disappointing results have sent HSBC shares down 5% and erased the FTSE 100's early gains on the first day of trading this week.

European fund managers have rotated out of blue-chip defensives in favour of more economically sensitive cyclical stocks as they call the end of the sovereign debt crisis.