News

City Asset Management (CAM) has unveiled the Elite CAM Discretionary Portfolio, an Oeic managed by research director James Calder.

Asian equities specialist Avo Ora has joined Pictet's emerging markets equity team as senior investment manager.

Schroders is planning to launch a commodity investment trust in June for David Mooney of Schroders NewFinance Capital.

Moody's has downgraded its rating of Irish banks to junk status, following its decision last week to cut Ireland's sovereign debt rating by two notches.

Cazenove Capital has confirmed it is merging its £69m UK Dynamic fund into its £62m UK Opportunities fund, both run by Julie Dean, next month.

UK dividends saw their biggest rise since the Lehman crisis after payouts climbed 10% in Q1, Capita Registrars research has found.

Jupiter Fund Management pulled in £333m of assets in the first quarter of 2011, taking AUM to £24.5bn

BP is facing calls from some of its biggest shareholders to sell off up to half its assets as part of a radical restructure.

Henderson's Stephen Peak complained bitterly about the £1.2m discretionary bonus paid to Gartmore CEO Jeff Meyer and demanded it be revoked.

Cofunds has appointed Openwork CEO Martin Davis as chief executive.