News

A CRISIS IN THE WEST

Aegon is launching a retail share class for its Inflation Linked fund.

M&G's Jim Leaviss believes investors need to learn to live with heightened volatility as the reappearance of the European debt problems highlights the fragility of the global economy.

Man Group has appointed GLG's Richard Phillips head of UK retail at the combined group.

Hargreaves Lansdown co-founder Stephen Lansdown is creating a new green private equity fund.

Terry Smith's new Fundsmith asset manager has appointed former SLI investment director Conrad Rey as its sales director to intermediaries.

BHP Billiton has abandoned its hostile $40bn takeover attempt for Canada's Potash Corp, after failing to overcome government opposition to the deal.

French insurance giant Axa and Australian asset manager AMP have made an A$13.3bn bid for Axa Asia Pacific.

Former Federal Reserve Chairman Alan Greenspan believes the US must look to rein in its massive budget deficit or face the risk of a bond market crisis.

Australian group LM Investment Management has entered the UK market with the launch of its first structured product offering exposure to Australia's benchmark equity index.