News

Schroders has appointed Kate Jones as head of investment services, to help develop its global investment management and research platform.

Aviva Investors is launching a US Equity Income fund on 1 July, managed by wholly-owned US equity subsidiary River Road Asset Management.

Warnings from the White House, an RBS share sale, fake mortgages and PPI winners - our round-up of today's national newspapers.

European markets opened lower on news of IMF chief Dominique Strauss-Kahn's arrest on sexual assault charges, amid fears his absence from eurozone talks will delay bailout plans for Portugal and Greece.

BP is in last minute talks with Russian state oil firm Rosneft in attempt to salvage the proposed $16bn (£9.9bn) share swap deal before the midnight deadline tonight.

Ignis Argonaut's Barry Norris has moved overweight defensives for the first time in two years as he believes the cyclical rally in European equities may be over.

Apollo Multi Asset Management is launching two new funds next month, as part of a revamp of its fund range.

Martin Currie's Andrew Graham is to reduce the £135m Pacific trust's Japan exposure when he takes the helm in July.

Baillie Gifford Emerging Markets Growth has shrunk by 15% following poor performance since the group announced plans to soft-close the fund.

Schroders' behemoth Income fund has had one of its worst periods of performance relative to peers following the handover to managers Kevin Murphy and Nick Kirrage.