News

Henderson saw £692m of net outflows from its retail range and £254m from the acquired Gartmore funds in Q3 with market uncertainty hitting sales.

Jupiter has appointed Simon Somerville as manager of the £256m Jupiter Global Managed fund as CIO John Chatfeild-Roberts steps down from the role.

The FTSE Group has launched a consultation on whether it should raise its minimum free float requirement from 15% to 25%.

Greece's Prime Minister George Papandreou has called an emergency cabinet meeting for this afternoon as speculation mounts the country's government is about to collapse.

Troy Trojan fund manager Sebastian Lyon has expressed fears that the Bank of England has set down a path of continuous monetisation of government debt.

The Investment Management Association (IMA)'s head of tax Stephen Lynam is retiring after more than 30 years in the industry.

M&G's Richard Woolnough said he is uneasy at the way US banks have been able to book significant profits relating to the value of their debt in Q3 earnings figures.

Gabrielle Boyle has joined Troy Asset Management to work on its £59m Trojan Capital fund.

The UK economy grew at 0.5% in the third quarter, beating expectations, the Office for National Statistics has said.

Banking shares plunged this morning, leading markets lower, following news Greek prime minster George Papandreou has called a referendum over last week's eurozone rescue deal.