News

Henderson non-executive chairman Rupert Pennant-Rea is to stand down in May 2013 as the asset manager unveils a corporate restructure.

The US Federal Reserve has expanded the scope of its quantitative easing programme and suggested interest rates will not rise until US unemployment falls below 6.5%.

Warren Buffett's investment group Berkshire Hathaway has completed a $1.2bn share buyback after snapping up the shares of an unnamed long-term shareholder.

Leading global equity investors cast their eye over their favourite markets for 2012, and give their outlooks for the coming year, in which several developed economies will face significant macro-level challenges.

A Brewin Dolphin broker sparked a brawl after discovering a colleague was having an affair with his fiancé, a court has heard.

Threadneedle head of distribution Campbell Fleming is to become chief executive of the asset manager as current CEO Crispin Henderson moves to a new role at parent group Ameriprise Financial.

MAM Funds has revealed the details of its rebrand, which will see all its funds labelled with the Miton name.

Hector Sants, the former chief executive of the Financial Services Authority, has joined Barclays.

About 8% of clients on the Skandia platform are signed up for adviser charging ahead of the provider's 18 December launch of its Retail Distribution Review (RDR)-ready charging model.

Henderson Global Investors has hired James de Bunsen, former portfolio manager at Patrick Armstrong's investment firm, for its multi-asset team following Tony Lanning's departure.