News

Standard Life is in discussions to acquire the private client business of Newton Investment Management for up to £90m, according to a report.

Newton's Ben Russon is to join Franklin Templeton's UK equity team, taking over as co-manager of two of its UK equity funds.

Firms argues split-cap crisis was caused by poor management not by structure of zero dividend preference shares.

Demand for ‘safe havens' starts to decline as outlook for developed economies improves.

Iain Stewart has gained a co-manager on the £3bn Newton Balanced fund, enabling him to spend more time running his £7bn Real Return fund.

Old Mutual Global Investors' (OMGI) Stewart Cowley believes the so called ‘great rotation' out of fixed income and into equities has as yet failed to occur.

Investment trust sector sees an increase in number of boards implementing discount control mechanisms.

Last year over 100 unit trusts were either merged or liquidated as fund management houses sought to clean up their product ranges ahead of the Retail Distribution Review.

Legg Mason has appointed Joseph Sullivan president and permanent chief executive, after he served four months as interim chief executive.

The Bank of England's Monetary Policy Committee will tolerate missing the inflation target for the next two years in order to support the UK recovery, said Bank governor Mervyn King.