News

Skandia has created an investment solutions team, headed up by James Millard, who will be tasked with creating the group's new 'Select' fund range.

Equity markets have been given a boost by the latest monthly jobs figures from the US which show a further fall in the unemployment rate in November.

Advice firms must send the Financial Services Authority (FSA) data on all of their advisers' professional standards by the 29 January 2013.

Axa has announced its Architas fund range will be available on third-party platforms for the first time.

FOUR Capital Partners is launching a retail long/short fund for former Insight and Credit Suisse manager Michael Pinggera, who joined the boutique in October.

Multi-asset managers are exploring alternative low-risk bond investments as they prepare their portfolios for a more constrained fixed income environment in 2013.

Colin McLean could relinquish control of the £136m SVM Global investment trust after the board announced it is putting the trust's management contract out to tender, with immediate effect.

Global fund management groups such as BlackRock, T Rowe Price and Federated Investors are rushing to set up ‘ultra-short' bond funds to lure investors away from the money markets.

Neptune's Rob Burnett, the group's head of European equities, adopted a bullish stance in the second quarter of this year, switching out of long-favoured defensives.

The ECB has cut growth forecasts for next year as President Mario Draghi warned of a continued gloomy outlook for Europe in 2013.