News

James Hambro & Partners has seen assets under management break through the £1bn barrier after strong flows in the last twelve months, the group reported today.

Investors have ploughed more than £34bn into underperforming funds which have severely lagged peers over the past three years, the latest RedZone report from Chelsea Financial Services reveals.

The Investment Management Association (IMA) has begun publicly revealing Targeted Absolute Return funds' rolling 12-month performance as part of a tightening of requirements, following widespread criticism of the sector.

The FTSE 100 has continued to sell off in early trading on Monday following further falls in Asia, as investors continue to dump stocks on fears QE will be withdrawn in the US.

Standard Life Investments (SLI) has launched a local currency emerging market debt fund to complement its existing hard currency offering.

Apollo Multi Asset Management founding partner Tom McGrath is set to exit the firm at the end of this month.

Investment trust specialist Frostrow Capital is launching an Alternative Investment Fund Manager (AIFM) arm to its business, ahead of the impending Alternative Investment Fund Managers Directive (AIFMD) coming into force next year.

The Bank for International Settlements (BIS) has warned spiking bond yields across the world threaten trillion of dollars in losses for investors and a fresh crisis for banks unless they are braced for the shock.

Hundreds of Co-operative Bank bondholders, who face losing at least 30% of their investments through the lender's debt-to-equity capital-raising proposals, have joined a campaign challenging the bank's plans.

Insurance pioneer Clive Cowdery has tabled a bid for a US insurer in the tycoon's first attempt to enter the American market.