News

Barclays has put its $6.1bn stake in US fund manager BlackRock up for sale in a surprise move.

Reports that China is eyeing a fresh round of stimulus to boost growth in the country helped lift European stocks out of the doldrums Monday.

Jupiter Asset Management CIO John Chatfeild-Roberts has revealed he has avoided buying investment trusts throughout his career because of liquidity issues within the sector.

First State UK CEO Rob Adams has joined Henderson Global Investors to spearhead its new Australian investment management business.

Skandia Investment Group (SIG) has warned fund management groups which have integrated risk-rated tools into existing multi-asset propositions they are in danger of ‘misleading' investors.

Man Group is to acquire hedge fund research and investment group FRM Holdings, rebranding its multi-manager business with the FRM tag.

Europe should turn its back on austerity and its fiscal pact and pursue a pro-growth agenda like the US, according to Fidelity's Trevor Greetham.

Fidelity Management & Research fund manager George Stairs could be banned from trading in Hong Kong after being found guilty of market misconduct.

Bank of England policymaker Adam Posen will step down from the Monetary Policy Committee (MPC) on 31 August when his three-year term comes to an end.

Insurer Prudential is set to name Paul Manduca as its next chairman after a five-month search, replacing Harvey McGrath, the Telegraph reports.