News

BlackRock has launched an Emerging Markets Absolute Return fund for managers Sam Vecht and Henry Wigan.

Former AXA Framlington Biotechnology fund manager Andy Smith has joined biopharma specialist Mann Bioinvest to launch an income-focused fund in the coming weeks.

The Crown Prosecution Service is to ramp up investigations into middle-class professionals evading tax, as part of proposals to be outlined tomorrow.

Standard Life Wealth has appointed David Driver as managing director.

The Financial Services Authority (FSA) has issued a warning to advisers who recommend that clients invest in unregulated collective investment schemes in their self-invested personal pensions (SIPPs).

Allianz Global Investors is planning the launch of a closed-ended infrastructure debt fund backed by the UK government, to be run by a specialist debt team hired in July last year.

Jupiter's Merlin multi-manager team have shifted their UK equity allocation within the £1.7bn Merlin Growth portfolio in order to gain exposure to active managers looking across the FTSE 350 spectrum.

Fidelity is launching a short-duration version of bond manager Ian Spreadbury's £3.3bn MoneyBuilder Income fund.

EFG Asset Management, part of Zurich-based private bank EFG International, is launching a multi-asset OEIC in April as part of its expansion into the UK.

London's leading share index is flat in early trading as investors keep their powder dry ahead of a number of key economic data points being released later this week.