News

Deryck Noble-Nesbitt has left Close Brothers Asset Management as the firm winds up his Special Situations fund.

ING IM has made a number of new appointments to its emerging market debt (EMD) team.

Jupiter's Philip Gibbs is to hand over his £536m Absolute Return fund to recent hire James Clunie in September, ahead of his retirement in 2014.

UK CPI inflation rose from 2.7% to 2.9% in June, with the largest upward contributions coming from petrol, clothing and footwear.

A sharp pull-back in the value of the dollar versus a basket of other currencies late last week has failed to dent support for the greenback, and managers expect to see gains as the US continues to recover.

Pharmaceutical giant GlaxoSmithKline spent over £320m bribing Chinese doctors to prescribe its products, according to the country's police.

More British bankers were paid more than a million euros (£860,000) each in 2011 than the rest of the European Union (EU) combined, according to the European Banking Authority (EBA).

The Financial Ombudsman Service (FOS) has seen a 179% increase in complaints about financial products and services in the first quarter of the 2013/14 financial year.

Investment bank Canaccord Genuity has named its ten top investment trusts to thrive in bull market conditions.

The Institute of Economic Affairs (IEA) is holding a competition to find the best plan for a 'Brexit' - a UK exit from the European Union.