News

Mike Pinggera, head of multi-asset strategy at Insight Investment, has resigned from his job to pursue other opportunities.

Aegon UK made a loss before tax of £22m in the fourth quarter of 2011, dragged down by further redress payments following administrative problems at Scottish Equitable and a slump in life and pensions sales.

Invesco Perpetual's co-head of fixed income Paul Read has said April's French presidential election is the "one to watch" for markets in 2012.

A third of UK Equity Income funds slashed distributions to investors in 2011, despite a bumper year for UK-listed companies which saw dividend payouts hit an all-time high of £67.8bn.

Anthony Bolton's Fidelity China Special Situations investment trust lagged its benchmark in the final quarter of 2011.

It is far more likely the UK will retain its prized triple-A status than be downgraded, according to bookies.

US shares closed on Thursday at their highest since the 2008 financial crisis, after good news on unemployment figures boosted sentiment.

The Royal Bank of Scotland (RBS) director responsible for remuneration has defended awarding chief executive Stephen Hester a bonus worth £963,000.

A 44-year-old man employed at Legal & General Investment Management has been arrested by the Financial Services Authority (FSA).

Close Brothers AM is launching a discretionary fund management service that will be managed by top-performing UK equity manager Deryck Noble-Nesbitt.