News

Jupiter has made three new appointments with the hire of Kathryn Langridge and the promotion of two co-managers to Tony Nutt's Distribution fund.

PIMCO has warned the global economy faces the threat of rising inflation, driven partly by central banks using it as a solution to fiscal deficits.

Threadneedle has revealed the new manager line-up on several of its products following the departure of Peter Allwright and Stuart Frost for RWC Partners.

Pressure is mounting on absolute return managers to deliver what they promised investors - returns in all market conditions - as funds posted losses in the past year.

Royal London's David Varley says growth in Japan will be largely driven by external factors, notably China's economy, for some time to come.

Aberdeen has halved the number of stocks in the £52m European Frontiers fund in the year since it bought the vehicle from Credit Suisse.

Equitable Life has appointed BlackRock to provide investment and risk management services for its 400,000 policyholders and group scheme members.

Tineke Frikkee grew the dividend on the Newton Higher Income fund by 3.5% in the 12 months to 30 June despite prominent banks, and oil and gas firms slashing their dividends.

Skandia has removed George Luckraft from the manager line-up on its £142m UK Best Ideas fund.

Developed countries cannot rely on emerging markets to bring global growth back to pre-crunch levels, says PIMCO's Bill Gross.