News

A ex-BlueBay hedge fund manager has been fined £140,000 and banned by the FSA for misleading investors and the regulator.

Manchester United may be in contention for another Premier League title, but its success on the pitch has worked little magic in the City. The club's first bond issue, launched barely two weeks ago, has become one of the market's worst performers this...

UK insurer Standard Life leads the gains this morning despite reporting a fall in life and pensions sales in 2009.

Royal London Asset Management net inflows fell 20% to £589m over the 12 months to 31 December last year.

Skandia Investment Group has made a number of manager changes across its Best Ideas fund range.

Net retail sales reached their highest level on record in 2009, up 45% on their previous best performance, according to the IMA.

Jupiter multi-manager head John Chatfeild-Roberts has taken over the group's CIO role from Edward Bonham Carter.

A group of 17 Artemis fund managers and key staff have agreed to a five-year lock-in preventing them from leaving or selling shares in the company before 2015.

Investec Asset Management's AUM has risen to an all-time high of £41bn after a record £3.7bn net inflow in the nine months to end December 2009.

The FTSE 100 opened slightly down, dipping 0.02% or 0.84 points to 5,246 in early trading, as BP posted worse then expected fourth quarter results.