News

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.

Northern Rock Asset Management is to compensate customers who took out loans with the bank a share of £270m, following errors made in paperwork.

Incoming Bank of England governor Mark Carney has suggested struggling economies dump inflation targeting in order to kick-start growth.

HSBC will spend $700m over the next five years in an attempt to tackle money laundering after it was lambasted by US authorities and fined $1.9bn yesterday.

The Financial Services Authority (FSA) is warning asset managers that outsource activities to external service providers to exercise "care and diligence" when entering into any arrangement, and to ensure they have a "robust" exit plan should something...

F&C Asset Management has launched the F&C Real Estate Equity Long/Short fund for managers Raymond Lahaut and Marcus Phayre-Mudge.

The FTSE 100 has reached its highest level since March following positive consumer data from Germany and signs of improving growth in China.

Concerns over China's slowing economy have sent its domestic equity market tumbling this year, but which China funds best survived the sell-off?

Old Mutual Global Investors has made four appointments to its sales team, days after Skandia confirmed it is cutting 20% of its sales force.

Three men have been arrested in connection with an ongoing investigation into the manipulation of the LIBOR inter-bank lending rate.