News

Andrew Wilmont, head of European high yield at AXA Investment Managers, has left the firm, handing his funds to James Gledhill.

Industry veterans Richard Buxton and Alastair Mundy, alongside rising stars including Stuart Rhodes, have been shortlisted for this year's Morningstar OBSR Honours awards.

Shares in beleaguered retailer HMV fell sharply in early trading after it confirmed its finance director is set to follow former chief executive Simon Fox out of the door.

Principal Investment Management has placed a number of veteran UK income managers onto its infamous Black List of funds, part of the group's latest Income Study.

Charlie Awdry, manager of Henderson's China Opportunities fund, looks at why a bottoming out of power output in China could be a sign the economy is set to turn.

Warren Buffet's conglomerate Berkshire Hathaway reported a fall in profits for Q2 2012, as derivatives losses weighed on the results.

Italian Prime Minister Mario Monti has described a psychological rift deeply ingrained within the eurozone that could potentially rip Europe apart.

Barclays Bank is considering a new remuneration process which would see bonuses for its top executives reduced and payment deferred until they have retired.

Invesco Perpetual's Neil Woodford is running the most concentrated portfolios seen in his 25-year fund management career in an effort to shield his funds from economic headwinds.

UBS Global Asset Management has hired Stephen Hutton as head of UK wholesale to spearhead the firm's drive into the third party discretionary market.