News

Invesco Perpetual is hoping to match the success of its £15bn fixed income range with the launch of its upcoming multi-asset arm, following the hire of three managers from Standard Life Investments' GARS team.

BlackRock's absolute return manager Mark Lyttleton is due to return to his post next week after an extended break from the industry.

Former Standard Life Investments fund manager Lance Phillips has joined L&G Investment Management as head of active equities.

The UBS trader who allegedly lost the bank $2.3bn by exceeding his trading limits and faking deals has been labelled a "master fraudster" by prosecutors at court today.

The FTSE continued to make huge gains in afternoon trading, reaching its highest level since late March after the Federal Reserve unveiled its third round of quantitative easing.

The salary and pension deal for the next governor of the Bank of England is still 'undecided', the BBC has claimed.

Experts have questioned how effective the latest round of quantitative easing (QE) in the US will be, with the chances of success "finely balanced".

Residential property fund manager Hearthstone Investments has been given a fresh £15m cash injection from Bovis, the FTSE 250-listed group.

The salary and pension deal for the next governor of the Bank of England is still 'undecided', the BBC reports.

Billionaire investor George Soros has said the eurozone crisis will only be resolved when Germany "wakes up" and realises it is to blame for introducing a single currency in the first place.