News

Sir Paul Ruddock, head and co-founder of hedge fund Lansdowne Partners, is to step down from his role at the end of June.

J.P. Morgan Asset Management's Austin Forey and his new co-manager Leon Eidelman are looking to add a mid-cap slant to their £1.1bn Emerging Markets fund to give performance a boost.

EQUITY MARKETS

Aviva Investors' Kieran Curtis has joined Standard Life Investments' (SLI) emerging market debt team, as the firm looks to bolster its footprint in the space.

Banking stocks continued to pull back the FTSE 100 on Monday, as the losses announced by Lloyds Banking Group last week continued to dog the group and its peers.

The Financial Services Authority (FSA) is proposing to give more information to whistleblowers about the cases they report to the regulator.

Bill O'Neill has left Merrill Lynch Global Wealth and Investment Management to join UBS.

Baillie Gifford has moved to soft-close its Diversified Growth fund in order to protect performance, following a surge of inflows in the past year.

John Taylor, founder of the $3bn FX Concepts fund, has predicted the pound will rally from here against the euro after its recent fall, as attention returns to the eurozone.

Schroders is preparing to launch a global bond product for Bob Jolly, the firm's head of global macro.