News

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.

Aberdeen plans to merge away its UK and European Opportunities funds into similar larger vehicles.

Artemis has been the subject of a management buyout.

Paul Jourdan, renowned smaller companies manager, has completed the MBO of Noble Fund Managers with colleague Douglas Lawson.

The FTSE was marginally down by 0.04% to 5186.60, despite strong gains by utilities in early trading.

Investment Week was first published on 30 January 1995, by a small company called City Financial Communications, which employed 13 people having been established as an EIS scheme by founder Tim Weller.

Towergate Financial has launched its active multi-asset portfolios (MAPs), to be managed by Cazenove Capital.

Deflation in Japan has accelerated at its fastest pace since 1970, threatening the recovery of the world's second largest economy.

Gartmore has launched its Japan Absolute Return fund managed by John Stewart.