News

SWIP's director of real estate Malcolm Naish is to retire at the end of June.

Today's biggest loser on the FTSE 100 - Man Group - has continued its slide this afternoon, falling over 6% after warning of losses of $1bn from its funds this quarter.

PIMCO's Bill Gross has warned the move to instigate quantitative easing is becoming increasingly destructive, as investors become ever more reliant on credit.

J.P. Morgan Asset Management has launched a fund aiming to outperform inflation and deliver returns across inflationary cycles.

Prudential is proposing to merge three unit trusts into M&G funds run by Graham French, Alex Odd, and Matthew Vaight & Michael Godfrey in the latest review of its product range.

Schroders' head of UK equities Richard Buxton said the UK's much-feared double-dip recession is ‘irrelevant' and not cause for panic.

Threadneedle's Jim Cielinski said investors concerned about a jump in government bond yields should instead prepare themselves for a long period of financial repression.

Smith & Williamson is to launch a global government bond fund for manager Chris Lynas this month.

Royal London Asset Management is the latest firm to introduce a clean share class in preparation for the Retail Distribution Review.

BP was one of the biggest losers in early trading as investors sold shares in the oil major following a disappointing update.