News

Barclays' new boss Antony Jenkins has vowed not to break up the bank by axing its investment banking operation.

Henderson's Richard Pease has named New Star founder John Duffield as the person who has had the greatest influence on his career.

The Financial Services Authority (FSA) has underlined the importance of advisory firms carrying our cost comparisons when undertaking replacement business.

Shares across the globe fell overnight as renewed fears about Germany's likelihood of approving rescue plans plagued investors once again.

Marlborough's Giles Hargreave has been moving up the market cap spectrum in his Special Situations fund to boost liquidity, following a wave of inflows.

BP has moved to offload a chunk of its oil and gas fields in the Gulf of Mexico in a deal worth $5.5bn (£3.4bn), as the oil major continues to raise cash to cover the cost of the catastrophe in 2010.

The Investment Management Association (IMA) has urged the Financial Services Authority to keep LIBOR in place but has called for the lending rate to be reformed.

UK asset managers are readying their contingency plans to cope with a possible ‘Grexit' as the beleaguered economy returns to the spotlight, despite ECB president Mario Draghi providing a boost for European markets last week.

Despite a rally in global markets over the last three years as investors returned following the '08 sell-off, a number of funds have failed to keep up with peers.

GLG has unveiled RDR-ready unbundled share classes across its UK-domiciled range.