News

M&G multi-asset fund manager David Jane has decided to leave the group.

Bryan Collings' Hexam Capital has taken over majority control of its joint venture boutique with Ignis.

Q & A

Fidelity will launch an income share class on Sam Morse's £3bn European fund, which will provide an estimated yield of 3.2%.

T. Bailey is preparing to launch a multi-asset cautious managed fund for Elliot Farley at the end of July.

Cofunds chief executive Brett Williams has quit the platform with immediate effect with chairman Charlie Eppinger resuming the CEO role on an interim basis.

The City watchdog is considering whether Britain can claim exemption from European laws that will introduce the toughest pay restrictions in the world.

The IMF has raised its estimate for global growth this year by 0.4% to 4.6%, reflecting a stronger-than-expected first half.

Schroders multi-manager Andrew Yeadon has pared back exposure to higher risk assets across his three portfolios, believing the global recovery will be more stunted than previously anticipated.

Updated 14.30 The FTSE has staged triple-digit gains in afternoon trading as banks lead the upward surge, buoyed by the Bank of England's decision to keep rates on hold at 0.5%.