News

Former Architas multi-manager Richard Philbin has joined Hampshire-based asset manager Hasley Investment Management.

UK retail sales have posted a surprise rise in July, up 0.3% from June, beating analysts' expectations of a more modest 0.1% increase.

Neptune's Robin Geffen has moved nearly half of his £950m Global Equity fund into US equities, his largest ever exposure to the region.

The Brazilian government has unveiled a R$133bn($66bn) stimulus plan designed to revive investment in the country's infrastructure and boost its flagging economy.

Private client manager James Hambro & Partners is to merge with Calkin Pattinson to create a combined group with £1bn in assets under management, advice and administration.

Fidelity is to rename Aruna Karunathilake's £167m UK Aggressive fund to better reflect its investment style.

Seven leading global banks, including Barclays, RBS and HSBC, have been issued with subpoenas by the state of New York over the alleged rigging of LIBOR.

Chinese Premier Wen Jiabao has said the world's second largest economy can meet its growth target this year in an effort to allay concerns over recent economic data.

Bank of America Merrill Lynch's latest 'equity hitchhiker's guide to the global galaxy' has outlined a range of prospective trades for investors in the coming months.

MAM Funds' Simon Callow has been adding risk back into his CF Midas Balanced Growth fund during the second quarter by increasing his positions in international equity funds.