News

Loomis Sayles & Company, a subsidiary of Natixis Global Asset Management, has launched an absolute return bond fund.

Invesco Perpetual plans to raise £100m for a Global Income trust run by managers Paul Boyne and Doug McGraw.

Henderson Global Investors has confirmed a raft of changes to be made to the Gartmore fund range following the takeover of the group.

The Bank of England has held interest rates at 0.5% and kept its quantitative easing programme at £200bn - despite growing calls for a rate hike amid spiralling inflation.

Gartmore fund managers Leigh Himsworth, John Anderson and Dan Roberts are among seven exiting the firm as Henderson reveals its new line up.

Standard Life has reported a strong year for its investment arm with AUM up by 26%.

Markets fell across the board at the start of trading today, after Moody's downgraded Spain's government debt from Aa1 to Aa2 with a negative outlook.

Schroders saw net inflows soar to £27.1bn last year, almost double the £15bn taken in 2009.

Alliance Trust has slipped out of the FTSE 100, while wealth manager Hargreaves Lansdown has been promoted to the blue chip index.

Cazenove's Marcus Brookes may start buying government bonds "pretty aggressively" if too much inflation is priced in.