Money Marketing
Chris Salih Editorial

Jupiter: Net flows down 70% due to ‘hiatus’ in IFA market post-RDR

18 Apr 2013

Net flows have fallen from $688m in the fourth quarter of 2012 to £209m in Q1, 2013.

UK unemployment rises to 2.56m

17 Apr 2013

The number of people out of work rose by 70,000 to 2.56 million between December 2012 and February 2013.

UK inflation unchanged at 2.8% in March

16 Apr 2013

The consumer prices index has remained unchanged at 2.8 per cent in March, according to figures from the Office for National Statistics.

IMF set to cut global growth forecast

15 Apr 2013

The IMF is set to cut its forecast for global growth in 2013 this week.

Ex-Schroders credit chief Adam Cordery joins Santander

9 Apr 2013

Santander Asset Management has appointed ex-Schroders head of UK and European fixed credit Adam Cordery as global head of European fixed income.

Nikkei jumps as Bank of Japan makes aggressive growth move

4 Apr 2013

The Nikkei 225 has risen sharply after the Bank of Japan said it would aggressively expand the country’s asset purchase programme.

Bermuda National Limited to acquire JOHIM

4 April 2013

Bermuda National Limited is to acquire JO Hambro Investment Management from Credit Suisse.

Equities sales hit two-year high as bond struggles continue

4 April 2013

Equity funds reached net retail sales of £940m in February, the highest level since the £1.2bn recorded in April 2011.

Equity sales hit two-year high as investors continue to sell fixed income

2 Apr 2013

Net retail sales of equities have hit a two-year high in February as investors continue to move money out of fixed income, according to the IMA.

Cazenove: Dean will not take over Buxton's funds after Schroders deal

28 March 2013

Schroders’ search for a replacement for its star fund manager is set to continue despite Cazenove Capital acquisition.

Ignis reports fall in profits and AUM amid restructure

28 March 2013

Restructure of its joint venture deals and a run-off of life company assets headlined “a year of significant change” at the asset manager.

Threadneedle appoints head of distribution

28 March 2013

Nick Ring replaces Campbell Fleming, who became chief executive at the asset manager earlier this month.

L&G acquires the rest of Cofunds for £131m

26 Mar 2013

Legal & General has acquired Cofunds following months of negotiation between the businesses.

Schroders in talks to acquire Cazenove Capital

22 Mar 2013

Schroders Investment Management is in talks to acquire Cazenove Capital.

Brewin appoints new chairman and chief exec in board reshuffle

21 Mar 2013

Brewin Dolphin has appointed Simon Miller as its new non-executive chairman and David Nicol as chief executive officer in a reshuffle of its board.

BlackRock to axe 300 jobs

19 Mar 2013

BlackRock is set to cut up to 3 per cent of its workforce in a bid to reshape the New York-based asset manager.

EU bonus clampdown on fund managers

18 Mar 2013

Fund managers across Europe are facing a ban on bonuses which exceed their salary as the European parliament plans to extend its pay clampdown

Standard Life Inv GARS assets rise 59% to £21.1bn in 2012

7 Mar 2013

Assets in Standard Life Investments’ Global Absolute Return Strategies have risen by 59 per cent in 2012 to stand at over £21.1bn.

Threadneedle and Neptune managers call start of new bull market

7 March 2013

UK and US equity managers say parts of the globe could already be in the opening stages of the next bull market.

IMA: Fixed income asset class sees first outflows since 2008

4 Mar 2013

Equities have seen the best net retail sales since 2000.

Fund manager reclassifies Greece as 'emerging market'

4 Mar 2013

US fund group says Greece has been a “world concern” since 2009.

JPM launches multi-asset absolute return fund

28 February 2013

JP Morgan Asset Management has launched a new multi-asset absolute return offering for James Elliot.

Openwork reveals full Omnis fund manager line-up

21 February 2013

Threadneedle, Octopus and Thomas White complete the list of fund managers for the seven-strong fund range.

Rathbones appoints ex-Williams De Broe CEO Howell

20 Feb 2013

Philip Howell is to join Rathbones as deputy chief executive next month

WH Ireland acquires Seymour Pierce wealth arm from administrators

18 Feb 2013

WH Ireland has agreed to buy the private wealth management arm of Seymour Pierce out of administration for £25,000.

Advisers split on Turner's call to overhaul fund manager bonuses

14 February 2013

Outgoing FSA chairman Lord Turner’s call for an overhaul of fund manager bonuses in a bid to promote long-term investment has been met with a mixed reception.

FSA drops investigation into cru founder Jon Maguire

14 February 2013

The FSA has dropped its investigation into cru founder Jon Maguire, Money Marketing understands.

FSA drops investigation into cru founder Jon Maguire

12 Feb 2013

The FSA has dropped its investigation into cru founder Jon Maguire, Money Marketing understands.

UK inflation unchanged at 2.7% for record fourth month in a row

12 Feb 2013

RPI rises to 3.3%.

Peter Hargreaves brands FSCS an 'incompetent dustbin' for the FSA

7 Feb 2013

Hargreaves Lansdown founder Peter Hargreaves has lashed out at the FSCS.

IMA: Net sales in mixed asset funds fall more than 50%

7 February 2013

Net retail sales in mixed asset funds have fallen by more than 50 per cent in 2012, according to figures from the Investment Management Association.

Troy to soft-close top-performing income fund

7 February 2013

Troy Asset Management is soft closing its £930m Income fund.

Henderson hires 6-strong US credit team from Delaware Investments

5 Feb 2013

Henderson has expanded its fixed income team with the addition of Kevin Loome and five US credit specialists from Delaware Investments.

US funds dominate performance tables in January

1 Feb 2013

US funds dominated the performance tables in January as global markets surged upwards after a deal was reached to avert the US fiscal cliff.

Brewin Dolphin income falls 5% in Q4 as RDR hits

31 Jan 2013

Brewin Dolphin has reported a 5 per cent fall in income to £67.8m as income trail continued to fall in preparation for the RDR.

Alastair Conway to leave Cofunds

31 January 2013

Cofunds head of sales and marketing Alastair Conway is leaving the platform after five years.

Miton prepares for triple fund launch in 2013 as AuM rise 7%

31 January 2013

Miton Group has announced a 7 per cent rise in assets under management as it plans a trio of fund launches in 2013.

Woodford, Geffen and Mott all downgraded in latest income study

31 January 2013

Neil Woodford, Robin Geffen and Bill Mott are among the leading UK Equity Income managers to be downgraded in the latest Sanlam Private Investments white list.

Large fund firm 'dogs' respond to Bestinvest criticism

29 Jan 2013

Swip has been named as the worst offender in the latest Bestinvest ‘Spot the Dog’ report and is joined by peers BlackRock, Baillie Gifford, F&C and Jupiter.

Hold or fold? Advisers split on Woodford sell call

28 Jan 2013

Advisers have returned a mixed verdict on whether now is the time to hold or sell Invesco Perpetual Income guru Neil Woodford’s Income and Higher Income funds.

Threadneedle and Schroders linked with RBS branch bid

28 Jan 2013

316 Royal Bank of Scotland branches were put up for sale last year.

Miton prepares for triple fund launch in 2013

25 Jan 2013

Miton Group has announced a 7 per cent rise in assets under management as it plans a trio of fund launches in 2013.

Phoenix rejects £400m bids for Ignis- reports

23 Jan 2013

Phoenix Group has rejected a number of takeover bids for fund management arm Ignis Asset Management, according to reports.

FSA appoints two non-exec directors to FSCS board

23 Jan 2013

The FSA has appointed Marian Glen and Charles McKenna as non-executive directors to the board of the Financial Services Compensation Scheme.

Standard Life Wealth appoints new managing director

21 Jan 2013

Standard Life Wealth has appointed David Driver as its managing director.

Legg Mason to integrate Miller unit into ClearBridge Investments

16 Jan 2013

Legg Mason is to combine its Capital Management division with ClearBridge Investments

Fitch: UK continues to risk AAA rating

15 Jan 2013

The UK is continuing to jeopardise its AAA credit rating by failing to reduce its debt, a senior figure at Fitch Ratings has warned.

UK inflation unchanged at 2.7%

15 Jan 2013

The UK consumer prices index remained unchanged at 2.7 per cent for the third consecutive month in December.

Woodford and Mott issue 2013 warnings

14 Jan 2013

Neil Woodford has warned investors to expect further downgrades to profits forecasts for those companies more sensitive to the economic cycle.

Morgan Stanley to cut 1,600 jobs globally

10 Jan 2013

Morgan Stanley is set to cut 1,600 jobs within its investment banking business, with half the cuts to be made outside the US.

Invesco's Woodford warns on profit downgrades

10 January 2013

Invesco Perpetual income guru has warned he expects further downgrades to profits forecasts for companies more sensitive to the economic cycle.

MF Global UK administrator set to double payments to customers

9 Jan 2013

MF Global’s UK administrator may be able to double payments to customers and make its first payment to creditors after a three way settlement was agreed between the trustees of the US futures broker’s estate.

L&G investment chief Simon Ellis departs

8 Jan 2013

L&G managing director of investments Simon Ellis has left the firm after three years.

Schroders' Buxton backs Rothschild in Bumi clash

8 Jan 2013

Schroders head of UK equities Richard Buxton has backed financier Nat Rothschild in his ongoing clash with Bumi.

Jupiter's Chatfeild-Roberts: Fixed interest investors must beware inflation threat

7 Jan 2013

Jupiter head of multi-manager says investments in fixed interest markets should be handled carefully while the threat of inflation hangs over many global economies.

UK interest rates to stay at 0.5% until 2017

7 Jan 2013

UK interest rates will stay at rock bottom per cent until 2017 as the economy struggles to recover, according to a leading investment bank.

Alliance Trust yet to agree RDR charges with leading fund groups

3 Jan 2013

Clients are unable to place new investments with the likes of Invesco Perpetual, Fidelity and Schroders on the platform.

Russia Special Sits among four new launches for Neptune

3 Jan 2013

Asset manager also launches two income funds and a frontier emerging markets fund.

FSA - Top 12 fines of 2012

27 Dec 2012

Which firms were hit hardest by the regulator in 2012?

Artemis to retain full AMC for non-platform deals despite stripping trail

20 Dec 2012

Artemis is keeping its AMC the same for all investments that are not made through platforms post-RDR.

Invesco loses top-performing global equity income managers

19 Dec 2012

Invesco Perpetual global equity income duo Paul Boyne and Doug McGraw have both left the firm.

The best and worst performing funds of 2012

18 Dec 2012

UK All Companies funds saw strong returns as mid and small caps performed.

Cofunds reveals the most popular funds in November

17 Dec 2012

The Jupiter Merlin Income portfolio has retained its position as the bestselling fund in November.

Invesco Perpetual head of marketing Rick White made redundant

14 Dec 2012

Head of marketing Rick White leaves the firm after 12 years.

Barclays may cut up to 2,000 jobs

14 Dec 2012

Barclays could cuts many as 2,000 jobs from its investment banking arm as part of a broad restructuring of the company.

Hargreaves chief exec Gorham sells £3.35m stake

13 Dec 2012

Hargreaves Lansdown chief executive Ian Gorham has sold 750,000 shares in the company worth £3.35m, before buying another 225,000 shares.

Neptune launches European Long/Short sector fund

13 December 2012

Neptune Investment Management has launched a European long/short sector fund.

Skandia cuts 20 roles in adviser sales team restructure

13 December 2012

Skandia has cut its adviser sales team from 100 to 80 in a restructure.

Henderson appoints Armstrong co-manager after Lanning departure

12 Dec 2012

Henderson has appointed Armstrong Investment Managers co-manager James de Bunsen to its multi-asset team.

Threadneedle appoints Campbell Fleming as chief executive

12 Dec 2012

Threadneedle Investments has appointed Campbell Fleming as its new chief executive officer.

Spanish regulator fines Barclays £482k for mis-rating bonds

12 Dec 2012

The Spanish stock market regulator has fined the Spanish arm of Barclays for under-rating the risk of bonds in 2008.

Neptune launches European long/short equity fund

11 Dec 2012

Neptune Investment Management has launched a European long/short sector fund, Money Marketing understands.

Barclays to shut Woolwich PM in revamp of IFA strategy

11 Dec 2012

Barclays is to offer its structured investments through third party platforms and stockbrokers.

Invesco senior sales pair depart

10 Dec 2012

Invesco Perpetual sales director Craig Newman and sales manager Simon Dale have both left the firm.

Schroders: Sharp fall in UK manufacturing signals triple dip recession

7 Dec 2012

Schroders European economist Azad Zangana says the sharp contraction in UK manufacturing in October could signal a triple dip recession in Q4.

UK's AAA credit rating at risk following Autumn Statement

6 Dec 2012

The UK’s AAA rating is likely to be downgraded next year after the Office for Budget Responsibility cuts its prediction for economic growth.

Liontrust hires Thames River co-founder to launch global credit division

6 December 2012

Liontrust has hired Thames River founding partner Michael Mabbutt to head up a new global credit division at the asset manager.

Towry to offer restricted advice service post-RDR

4 Dec 2012

Towry has announced plans to offer a restricted advice service on all retail investment products ahead of the RDR next month.

Liontrust hires Thames River co-founder to launch global credit division

28 Nov 2012

Liontrust has hired Thames River founding partner Michael Mabbutt to head up a new global credit division at the asset manager.

Equities continue to outsell bonds, IMA stats

27 Nov 2012

Equities have retained their position as the bestselling asset class for the second month in a row, according to figures from the IMA.

UK equity income managers expect lower dividend growth next year

23 Nov 2012

The raft of special dividends are unlikely to be repeated in 2013 and will result in a lower dividend forecast.

Mixed Investments 20-60% sector funds dominate best-sellers on Cofunds

22 November 2012

The Mixed Investment 20-60% Shares sector has re-taken the top spot as the bestselling sector on Cofunds in October.

Eurozone finance ministers fail to reach deal on Greek bailout

21 Nov 2012

Eurozone finance ministers have failed to reach a deal to allow Greece to receive the next tranche of its bailout.

Fund of funds sales more than halve to £2.2bn

15 November 2012

Fund of funds net retail sales more than halved from £4.6bn in the first nine months of 2011 to £2.2bn this year.

UK inflation rises to 2.7%

13 Nov 2012

The UK consumer prices index rose to 2.7 per cent in October, according to the Office for National Statistics.

RBS appoints UBS to manage branch sale

12 Nov 2012

Royal Bank of Scotland has appointed investment bank UBS to manage the sale of 316 branches.

Global markets hammered on US 'fiscal cliff' and eurozone concerns

7 Nov 2012

Global markets slumped heavily on Wednesday afternoon as concerns about the eurozone coupled with the threat of the US fiscal cliff hit investor confidence.

Henderson reports £1.1bn net outflows in Q3

1 Nov 2012

Henderson has reported a net outflow of £1.1bn in the third quarter of 2012.

Standard Life Inv GARs assets rise 46% in 2012

31 Oct 2012

Assets in Standard Life Investments’ GARs have risen by 46 per cent to stand at over £19bn.

M&G confirms it will not facilitate adviser charging

30 Oct 2012

M&G has written to advisers to confirm it will no longer facilitate the payment of adviser charging at the end of this year.

Hargreaves Lansdown leads FTSE fallers after Citi places firm on sell rating

29 Oct 2012

Hargreaves Lansdown has been the biggest faller in the FTSE 100 on Monday after analyst Citi placed the firm on a sell rating.

UBS to cut up to 10,000 investment banking jobs

29 Oct 2012

UBS is planning to scale back its investment banking capabilities in a move that could see the firm cut up to 10,000 jobs

RBS closes volatility funds less than 2 years after launch

25 October 2012

Royal Bank of Scotland has closed its much-hyped balanced and cautious volatility funds.

European markets fall on Spanish gloom and corporate concerns

23 Oct 2012

FTSE 100 ends the day below 5,800.

AIC appoints Andrew Bell as chairman

18 October 2012

The board of the Association of Investment Companies has elected Andrew Bell as its new chairman.

RBS closes volatility funds less than 2 years after launch

17 Oct 2012

Royal Bank of Scotland has closed its much-hyped balanced and cautious volatility funds less than two years after launching the offerings.

Virgin and JC Flowers eye RBS branches deal

15 Oct 2012

Virign Money and JC Flowers are reported to be preparing bids for 316 RBS branches

Rathbones says IFA network deal is not start of a spree

12 Oct 2012

Rathbones Brothers says the deal to acquire a Cornish IFA network is an isolated one.

Aberdeen offers cut price RDR-share classes on multi-manager range

11 October 2012

Aberdeen Asset Management is offering a 0.5 per cent annual management charge on its RDR-ready share classes.

S&P downgrades De Blonay's £438m Jupiter Financial Opps fund

9 Oct 2012

Standard and Poor’s has downgraded Guy De Blonay’s £438m Jupiter Financial Opps fund.

Barclays rejigs investment banking structure

5 Oct 2012

Barclays has appointed regional heads and is merging its equities and fixed income businesses.

Pimco’s Gross: UK and US addicted to ‘crystal meth’ debt

3 Oct 2012

Bill Gross says the US could end up like Greece in the next decade if it does not tackle its debt problems.

Senior fund manager trio launch RDR investment consultancy

28 Sep 2012

Senior investment trio Dan Kemp, Clive Hale and Sam Liddle have launched an investment consultancy.

IMA issues final guidance for fund charges disclosure

27 September 2012

IMA calls on UK asset managers to go “above and beyond” the current European regulatory requirements.

IMA issues final guidance for fund charges disclosure

20 Sep 2012

IMA calls on UK asset managers to go “above and beyond the current European regulatory requirements”.

Schroders acquires 25% stake in Indian asset manager

19 Sep 2012

Schroders has acquired a 25 per cent stake in Indian fund firm Axis Asset Management.

Insight Investment set to add £27bn asset manager

13 Sep 2012

Insight Investment has announced that currency risk manager Pareto Investment Management is to be merged into the Insight Group.

Winterflood: The RDR squeeze on investment trust fees

13 Sep 2012

Winterflood Investment Trusts has warned that investment trust fees will come under pressure as a result of the RDR.

SVM co-founder quits – funds placed under review

13 September 2012

SVM co-founder and fund manager Donald Robertson has left the firm with immediate effect.

German court approves eurozone bail-out fund

12 Sep 2012

The German constitutional court has approved the €500bn European Stability Mechanism.

Moody's threatens to strip US of AAA rating

12 Sep 2012

Moody’s has threatened to strip the United States of its AAA rating if next year’s Budget talks do not produce policies to tackle the country’s mounting debt.

IMA survey shows rapid fall in UK equities exposure

10 Sep 2012

The 10th annual IMA survey has shown a sharp slump in interest in UK equities.

George Soros: Germany must lead or leave euro

10 Sep 2012

Veteran financier has called on Germany to leave the eurozone if it is not willing to help some of the weaker nations tackle their economic concerns.

FTSE 100 up over 2% at close as markets respond to ECB support

6 Sep 2012

Growth sensitive stocks bounced on details of the European Central Bank’s plans to help the eurozone.

SVM co-founder quits – funds placed under review

5 Sep 2012

SVM co-founder and fund manager Donald Robertson has left the firm with immediate effect.

Ignis appoints Barings' GEM fund manager

4 Sep 2012

Ignis Asset Management has poached Barings Asset Management fund manager Mark Julio as portfolio manager for emerging market equities.

BlackRock to launch North American income trust

3 Sep 2012

BlackRock Investment Management is launching a North American Income trust which will offer an annual dividend yield of 4 per cent.

Martin Bamford: Majority of flagship cautious managed funds unsuitable

30 Aug 2012

Only two of the largest 20 cautious managed funds are suitable for cautious investors, according to research from IFA Informed Choice.

Aviva to cut up to 800 UK jobs

30 August 2012

Chairman John McFarlane looks to scale back the insurer’s operations.

Jupiter Merlin team adds Terry Smith to £770m Worldwide portfolio

30 August 2012

Merlin team has taken a position in Terry Smith’s £532m Fundsmith equity fund within Jupiter Worldwide fund.

Aviva activists call for four directors to quit

28 Aug 2012

An activist group of Aviva policyholders and private shareholders is pressing four directors to quit following the group’s underperformance.

Ignis reports first half profits of £19m

23 Aug 2012

Ignis Asset Management has reported an operating profit of £19m for the first half of 2012.

RBS under investigation by US authorities

22 Aug 2012

Royal Bank of Scotland is understood to be under investigation by US authorities over potential breaches of sanctions against Iran.

L&G to launch Sterling Corporate bond index fund in RDR-push

20 Aug 2012

Legal & General Investments is launching a Sterling Corporate Bond Index fund.

Advisers content with size of Standard Life GARS offering

17 Aug 2012

Standard Life Investments’ Global Absolute Return Strategies offering has grown by £4bn in the past six months.

Ex-Architas CIO Richard Philbin joins Hasley Investment Management

16 Aug 2012

Hasley to launch three risk-rated for former Architas CIO.

Aberdeen boosts European exposure in multi-manager range

16 August 2012

Aberdeen introduces the JO Hambro Continental European fund to its multi-manager range.

UK inflation increases to 2.6%

14 Aug 2012

The UK consumer prices index has risen to 2.6 per cent in July, according to the Office for National Statistics.

Three people convicted over £10m 'ponzi' scheme

13 Aug 2012

Three individuals have been convicted in connection with an alleged £10m fraudulent investment scheme.

European stocks fall on weak China trade data

10 Aug 2012

European markets made losses on Friday on the back of weak Chinese trade data.

Barclays appoints David Walker as chairman

10 Aug 2012

Barclays has appointed Sir David Walker as its new chairman in the aftermath of the Libor scandal.

Alliance Trust acquires Aviva Investors' £1.2bn SRI business

9 August 2012

The Aviva SRI team, headed by Peter Michaelis, will move to Alliance Trust

FTSE 100 continues rally despite Standard Chartered share plunge

7 Aug 2012

The FTSE 100 has continued to rally on Tuesday despite a sharp share plunge from Standard Chartered.

FTSE blog: Banks and miners lead the way as FTSE 100 passes 5,800

6 Aug 2012

The FTSE 100 has passed 5,800 on Monday with banks and miners making strong gains.

Invesco plans to seize control of JJB Sports

6 Aug 2012

Last ditch attempt to turnaround the retailers performance.

Fee hike fears for low-cost funds

6 Aug 2012

New rules could result in low-cost funds becoming more expensive, the FT reports.

Alliance Trust acquires Aviva Investors' £1.2bn SRI business

2 Aug 2012

The Aviva SRI team, headed by Peter Michaelis, will move to Alliance Trust.

IMA: Bonds dominate as retail sales hit £8.1bn in first half of 2012

2 August 2012

Corporate bonds remain best selling sector with £223m of net retail sales.

Government and FSA to review MF Global collapse

1 Aug 2012

The Government is launching a review in tandem with the FSA into the failure of MF Global.

Warren replaces Porter as F&C assets fall

1 Aug 2012

F&C has confirmed that Thames River chief executive Charlie Porter is leaving the group.

Economists warn UK faces triple-dip recession

30 Jul 2012

The UK could be set for a triple-dip recession once the benefits of the London 2012 Olympics wear off, economists have warned.

S&P stands by UK 'AAA' rating

30 Jul 2012

Ratings agency backs stable outlook for UK economy despite double-dip recession.

IMA: Bonds dominate as retail sales hit £8.1bn in first half of 2012

27 Jul 2012

Corporate bonds remain best selling sector with £223m of net retail sales.

FSA dismisses IMA concerns on FSCS cross subsidy

25 Jul 2012

The IMA has slammed the FSA over its “shocking and astonishing” proposals to overhaul the funding of the FSCS.

Henderson merges Distribution and Cautious funds

24 Jul 2012

Henderson merges Managed Distribution Fund into Cautious Managed Fund

European markets tumble on Spanish fiscal concerns

20 Jul 2012

Markets tumble across Europe as the yield on 10-year Spanish government generic bonds continues to rise.

LSE in talks with Singapore exchange over £7.2bn merger

20 Jul 2012

Reports suggest the LSE has held a number of informal conversations with the Singapore exchange over a tie-up.

On-Line Partnership appoints former Tenet deputy chief

18 Jul 2012

On-Line Partnership Group has appointed former Tenet deputy chief exec Peter Lane as commercial director.

Neptune launches lower-risk defensive fund

12 July 2012

Barclays faces clash with Diamond over £25m pay-off

6 Jul 2012

Barclays is set for a showdown with former chief executive Bob Diamond over a potential £25m pay-off from the bank.

Ken Davy unveils Sandringham Financial Partners

4 Jul 2012

SimplyBiz chairman Ken Davy’s new restricted national advice business will be called Sandringham Financial Partners.

Dennehy issues warning over bank exposure in corporate bonds

3 Jul 2012

Dennehy says investor be wary of “safe” corporate bonds with big holdings in the banking sector

PFS chartered membership hits 3,000

2 Jul 2012

The number of chartered financial planners has broken through the 3,000 barrier, according to research from the Personal Finance Society.

MPC set to add £50bn to QE programme

2 Jul 2012

The Bank of England is to inject another £50bn of stimulus into the UK economy in a bid to stave of recession.

Henderson's Bennett: Once-in-a-generation European opportunity

29 Jun 2012

Henderson fund manager John Bennett says there will be a “once in a generation” opportunity to invest in European equities in the near future.

M&G risk-rates multi asset funds

29 Jun 2012

M&G Investments is the latest firm to introduce risk-ratings for its funds, with three of its multi-asset funds given a rating.

Lloyds agrees terms with Co-op for 630 branches - NBNK set to close

28 Jun 2012

Lloyds Banking has agreed terms to sell 632 of its branches to Co-operative, while rival bidder NBNK is set to close.

Neptune marketing director quits

26 Jun 2012

Neptune marketing director Georgina Pardoe has left the firm.

Jupiter to add cautious fund to merlin range

25 Jun 2012

Jupiter is planning to bolster its £7bn merlin fund range with the addition of a cautious offering.

Lloyds set to cut asking price of Project Verde business

25 Jun 2012

Lloyds Banking Group is set to cut the asking price for its Project Verde business.

Advisers call for rethink of absolute return definitions

11 Jun 2012

Advisers have called for a simplified definition for the absolute return sector.

Corporate bonds lead buoyant fund sales

7 June 2012

RSM Tenon picks new chairman after Martin steps down

7 June 2012

Global market fall sharply on poor US job figures

1 Jun 2012

Global markets have fallen sharply following worse-than-expected US jobs figures.

MoneySupermarket.com to buy MoneySavingExpert for £87m

1 Jun 2012

MoneySupermarket.com is set to acquire MoneySavingExpert for £87m.

RSM Tenon appoints new chairman

31 May 2012

RSM Tenon has appointed Tim Ingram as its new chairman, replacing Adrian Martin.

FTSE blog: FTSE 100 down almost 2% at close

30 May 2012

European markets have tumbled today amid fears over Spanish debt.

SFO under fire after £3m hedge fund fine

30 May 2012

Legal experts question SFO role after it dropped its investigation into Dynamic Decisions Capital Management in 2010.

FSA bans stockbroker for ‘reckless misconduct’

28 May 2012

The FSA has banned managing partner of First Colonial Investments LLP George Leavey for “reckless misconduct”.

Prudential appoints Paul Manduca as chairman

28 May 2012

Prudential has named Paul Manduca as chairman, replacing Harvey McGrath in July.

FSA introduces new rules on deposit compensation arrangements

28 May 2012

All banks, building societies and credit unions must clearly indicate which deposit guarantee scheme will apply to customers’ deposit.

Lloyds ex-security boss charged with fraud

25 May 2012

A former head of security at Lloyds Banking Group has been charged over an alleged £2.5m fraud at the bank.

Top regulator says ‘dangerous myth’ of free banking must end

24 May 2012

Andrew Bailey warns free-banking is a “dangerous myth” which has to be tackled.

Connaught continues fund suspension and seeks legal advice

23 May 2012

Connaught has decided to continue the suspension of its income fund series two and has taken independent legal advice on the future of the fund.

Manduca tipped to become new Pru chairman

24 May 2012

FTSE up almost 2% at close

22 May 2012

The FTSE 100 rises almost 2% to pass 5,400 at close.

UK inflation falls to 3% in April

22 May 2012

The UK consumer prices index has fallen to 3 per cent in April, according to the Office for National Statistics.

Swip international equity director Steven Maxwell dies

21 May 2012

Scottish Widows investment director, international equities Steven Maxwell has passed away.

Credit Suisse mulls JOHIM sale

21 May 2012

Credit Suisse is considering the sale of its UK private client wealth management business JO Hambro Investment Management.

More than one in five failing to save for retirement

21 May 2012

Over 20 per cent of people in the UK are failing to make any provision for their retirement, a survey by Scottish Widows has found.

FTSE closes down over 5% this week

18 May 2012

The FTSE 100 has fallen by over 5 per cent this week amid continued concerns over Greece and Spain.

Hearthstone receives approval for Paif launch

18 May 2012

Hearthstone Investments has received FSA approval to launch its UK residential property authorised investment fund.

FTSE blog: Markets record further losses

17 May 2012

European markets continued to fall this week as concerns about Greece remain high on the agenda.

Architas simplifies fund range names

17 May 2012

Swip appoints head of marketing

16 May 2012

Scottish Widows Investment Partnership has appointed Ian Marsh as head of marketing.

Tulloch stepping down as First State joint managing partner

16 May 2012

Fund manager Angus Tulloch is stepping down from the role to focus of fund management responsibilities.

FTSE blog: Markets record further losses despite early promise

15 May 2012

FTSE 100 is now down despite rising in early trades.

FTSE blog: Markets tumble on latest Greek concerns

14 May 2012

The FTSE 100 falls by over 2%.

Architas renames fund range to boost transparency ahead of RDR

14 May 2012

Architas has renamed its active and passive funds in a bid to offer more transparent products.

RBS chief says customers will pay ringfencing costs

14 May 2012

Sir Philip Hampton has warned that expensive plans to ringfence its retail operations from its investment banking arm could see costs passed on to customers.

Ticketus set to lodge £27m legal claim against Rangers owner Craig Whyte

11 May 2012

Ticketus is set to launch a legal claim against the Glasgow Rangers Football Club owner Craig Whyte for £27m, according to BBC Scotland.

L&G appoints Nigel Wilson as chief exec

10 May 2012

L&G has appointed Nigel Wilson as group chief executive, replacing Tim Breedon.

AIC to replace TERs with ongoing charging data

10 May 2012

Seven up for fixed-income fund business

10 May 2012

IFAs most trusted source of advice for UK millionaires

9 May 2012

A study of UK millionaires has found that IFAs are the most trusted source of third party advice to help them meet their financial goals.

MPs demand probe into BoE failings

4 May 2012

MPs yesterday called for an investigation into the Bank of England’s role in the financial crisis of 2007 and 2008.

Aviva loses shareholder vote on executive pay

3 May 2012

Aviva has lost a vote on executive pay at its annual general meeting.

Big managers to stay as complementary fit means little overlap

3 May 2012

Omam plans investment arms merger

3 May 2012

Schroders takes 25% stake in Indian firm

3 May 2012

Hargreaves Lansdown founders slip down Sunday Times Rich List

30 Apr 2012

Peter Hargreaves and Stephen Lansdown both lose £200m in the past 12 months.

Conservative MP calls on SFO to investigate Arch cru

30 Apr 2012

Conservative MP David Davis has written to the Serious Fraud Office in a bid to get them to investigate the suspension of the Arch cru fund range.

Ticketus pulls out of Blue Knights bid for Rangers

27 Apr 2012

Ticketus has pulled out of discussions with the Blue Knight’s Consortium over a deal to buy Glasgow Rangers Football Club.

Old Mutual Asset Managers and Skandia Investment Group to merge

26 Apr 2012

Old Mutual has announced plans to merge its two investment arms Old Mutual Asset Managers and Skandia Investment Group.

Sentance warns that inflationary pressure will force rise in rates

26 April 2012

ASA upholds complaint over misleading stamp investment ad

25 Apr 2012

ASA upholds misleading claim that stamp returns have been “strong and steady” in the past 100 years.

European markets close down amid investor anxiety

23 Apr 2012

The FTSE 100 has fallen by 1.9 per cent today as markets react badly to the first round of the French election battle and poor China data.

Andrew Sentance: Interest rates may be set to rise

23 Apr 2012

Former MPC policymaker believes the continued growth in the UK economy may force the BoE to look at raising interest rates in the near future.

Merchant House shares suspended

20 Apr 2012

The board of Merchant House Group has requested the temporary suspension of its shares from trading on AlM.

Stoakley says RDR will not boost investment trusts

20 Apr 2012

Schroders head of UK intermediary Robin Stoakley says the RDR will not increase the take-up of investment trusts in the retail sector.

Hargreaves Lansdown assets jump 11% to £26bn

19 Apr 2012

Hargreaves Lansdown has seen its assets under administration jump 11 per cent in the first quarter of 2012 to stand at £26bn.

Allianz Global Investors to launch RDR-ready multi-asset funds

18 Apr 2012

Allianz Global Investors is to launch a series of risk-rated, multi-asset funds.

UK inflation rises to 3.5%

17 Apr 2012

The UK consumer prices index has risen to 3.5 per cent in March, according to the Office for National Statistics.

S&P affirms UK’s AAA rating

16 Apr 2012

Ratings agency S&P has reaffirmed its AAA rating for the UK, claiming the economy is “wealthy, open and diversified”.

PSigma chief Chimes looks to bolster range

13 Apr 2012

PSigma Asset Management managing director Ian Chimes says he would like to launch three or four more funds in the next three years.

IMF: UK faces £750bn pensions time bomb

12 Apr 2012

IMF says rising life expectancy rates could add £750bn of extra cost to UK national debt by 2050.

FTSE opens flat despite Asian falls

11 Apr 2012

European markets have been steady in early trades despite overnight losses in Asia.

Lester and Neptune duo to set up fund boutique

11 April 2012

FTSE 100 slides on US jobs data

10 Apr 2012

FTSE 100 falls by 1.5 per cent.

M&G topples Invesco as biggest fund firm

5 Apr 2012

M&G Investments has knocked Invesco Perpetual off the top spot as the UK’s biggest fund firm after more than four years.

LTRO lifts sector

05 April 2012

Capita to buy Bluefin Corporate Consulting

4 Apr 2012

Axa has agreed to sell Bluefin Corporate Consulting to Capita for £50m.

JP Morgan Cazenove capital markets chair resigns after FSA fine

4 Apr 2012

Ian Hannam quits after £450,000 fine for market abuse.

Co-op still 'preferred bidder' for 632 Lloyds branches

2 Apr 2012

Co-op remains the preferred bidder for Lloyds branches despite regulatory concerns, according to reports.

Bond sectors dominate sales, IMA stats

30 Mar 2012

Over £500m invested into the top three bond sectors with corporate bonds the bestseller.

Phoenix chairman Sandler to retire

29 March 2012

Aegon head of corporate media to leave

27 Mar 2012

Aegon head of corporate media Lesley McPherson is leaving the firm after 12 years.

Phoenix chairman Ron Sandler set to retire

26 Mar 2012

Phoenix Group chairman Ron Sandler is leaving the closed life assurance fund company later this year after announcing plans to retire.

Govt appeal over feed-in-tariffs fails

26 Mar 2012

Govt fails to get permission to appeal to Supreme Court.

Novia refutes Cofunds claim that FSA move will delay re-reg

23 Mar 2012

Novia chief has rubbished Cofunds’ claims that the FSA’s stance on legacy assets could delay platform-to-platform re-registration systems ahead of the RDR.

UK inflation falls to 3.4%

20 Mar 2012

The UK consumer prices index has fallen to 3.4 per cent in February, according to the ONS.

Capita leads chase to buy Bluefin

19 Mar 2012

Capita has emerged as the favourite to buy Bluefin Advisory Services, according to the Sunday Times.

MAM Funds to launch non-trail share class in RDR move

14 Mar 2012

MAM Funds is launching a new non-trail share class across its fund range in preparation for the RDR.

L&G hikes dividends 35% and invests in RDR-ready platform model

14 Mar 2012

L&G has raised dividend as operating profits rise by 5%.

Businesses call for 50p tax rate to be shelved

8 March 2012

Cable calls for RBS to be split up

6 Mar 2012

Business Secretary Vince Cable has called for Royal Bank of Scotland to be split up to create a new “British business bank”.

Nutt steps down from £250m Jupiter distribution fund

5 Mar 2012

Jupiter fund managers Tony Nutt and John Hamilton are stepping down as co-managers of the £250m Jupiter distribution fund.

Business leaders call for 50p tax rate to be scrapped

1 Mar 2012

More than 500 business leaders have called on Chancellor George Osborne to scrap the 50p top rate of tax in next month’s Budget.

Pru threat to quit London over Solvency II

1 March 2012

RSM Tenon to cut 10% of jobs in bid to reduce costs

29 Feb 2012

Firm plans to make an annual saving of £14m.

HSBC to claw back bonuses for misselling

27 Feb 2012

HSBC is set to strip executives of thousands of pounds in bonuses for misselling almost £300m of long-term care bonds to elderly customers.

Lloyds posts £3.5bn loss after PPI hit

24 Feb 2012

Bank posts big loss after setting £3.2bn aside to cover missold PPI.

Capita takes £17.9m hit over Arch cru

23 Feb 2012

Capita has taken a £17.9m hit in costs in its 2011 results following the collapse of the Arch cru fund range.

Barclays investment complaints jump 77% in 2011

22 Feb 2012

Barclays has reported a 77 per cent rise in investment complaints made about the firm to the FSA in 2011.

Ford wants Keydata probe ban over email breach

22 Feb 2012

Keydata founder wants anyone from the FSA who saw protected emails taken off the case.

Ticketus money used by Whyte to takeover Glasgow Rangers

21 Feb 2012

£18m of the assets in the Octopus protected EIS has been accounted for and was used to pay off Rangers’ debt to Lloyds Banking Group.

Kames Capital calls for clarity over Dilnot report

21 Feb 2012

Kames Capital has called for greater transparency from the Dilnot report, claiming it has left many questions unanswered.

FSA refers life settlements distribution agent to enforcement

20 Feb 2012

The FSA has referred London-based Catalyst Investment Group to its enforcement and financial crime division.

Lloyds to clawback senior exec bonuses over PPI misselling

20 Feb 2012

Former Lloyds chief executive Eric Daniels will lose at least £360,000 of his 2010 bonus, while four other directors are each set to lose £250,000.

Arrest made in FSA and SOCA insider dealing investigation

16 Feb 2012

A man has been arrested as part of an ongoing investigation into insider dealing.

Jupiter's de Blonay makes bank buys in special sits move

16 Feb 2012

Jupiter fund manager Guy de Blonay has invested in a raft of European banking stocks across his £500m financial opportunities fund

RSM Tenon appoints former Matrix CEO as chief exec

15 Feb 2012

RSM Tenon has appointed former Matrix CEO Chris Merry as its chief executive officer.

UK inflation falls to 3.6%

14 Feb 2012

The UK consumer prices index has fallen to 3.6% per cent in January, according to the Office for National Statistics.

Greece passes controversial austerity package

13 Feb 2012

Austerity package passed as rioting erupts across the country.

Liontrust is adding two new funds as assets leap

9 February 2012

Aberdeen to soft-close £2.7bn emerging markets fund

3 Feb 2012

Aberdeen Asset Management is stemming flows into £9bn emerging markets fund range by asking IFAs to remove the funds from their buylists.

Calls for Ex-Lloyds chairman to be stripped of knighthood

2 Feb 2012

A  Lloyds investor group has asked the head of the civil service to strip former Lloyds chairman Sir Victor Blank of his knighthood.

Liontrust prepares dual fund launch as assets jump 14%

1 Feb 2012

Firm to launch European absolute alpha and Asian income funds in Q1.

Jupiter fund manager Patrick Harrington leaves firm

31 Jan 2012

Jupiter undervalued assets fund manager Patrick Harrington has quit the firm with immediate effect.

Fidelity calls for fund transparency amid Ryanair pricing concerns

30 Jan 2012

Fidelity Worldwide Investments has called on the asset management industry to create an industry standard in a bid to offer to greater transparency for fund charges.

Swip appoints chief economist

30 Jan 2012

Swip has appointed Dr Lucy O’Carroll to the role of chief economist.

RBS boss Hester rejects £1m bonus

30 Jan 2012

RBS chief Stephen Hester to waive £1 million bonus.

Hester bonus to be less than £1m, say reports

26 Jan 2012

RBS chief executive Stephen Hester is set receive an annual bonus of between £800,000 and £950,000, say reports.

Ex-Lloyds chief Daniels joins advisory firm

26 Jan 2012

Daniels joins firm which specialises in restructuring debt for companies in need of new financing.

Government loses appeal to overturn High Court solar ruling

25 Jan 2012

The Government has lost its appeal against a High Court ruling that its decision to lower solar feed-in tariff payments was illegal.

King: UK recovery will be arduous, long and uneven

25 Jan 2012

King said there was scope for more QE if needed.

European markets fall amid concern over Greece debt talks

24 Jan 2012

European stock markets have fallen today as talks between Greece and its private bondholders stall.

Bonham Carter: Industry must get back to basics

23 Jan 2012

Jupiter chief says large cap, dividend paying equities are the key to success in the current deleveraging cycle.

Money Advice Service chiefs share £100k bonus pot

23 Jan 2012

MAS chief Tony Hobman and four senior managers shared a £100,000 bonus pot.

St. James’s Place says 80% of partners now RDR-ready

19 Jan 2012

Firm says 80 per cent of its members are now at diploma level status.

Mervyn King rejects MPs' call for supervisory board

17 Jan 2012

King says instead of reforming Bank’s court, a new in-house oversight committee should be set up.

UK inflation falls to 4.2%

17 Jan 2012

The UK consumer prices index has fallen to 4.2% in December, according to the Office for National Statistics.

Nucleus hires managing director

16 Jan 2012

Nucleus has bolstered its senior management team with the appointment of John McNeil as managing director.

Looking on the cheap side

16 Jan 2012

Schroders adds to multi-asset team

11 Jan 2012

Schroders has appointed Ian Maybury as head of solutions in the multi-asset and portfolio solutions group.

Standard Life strikes deal to take GARS fund to the US

10 Jan 2012

SLI has teamed up with John Hancock Mutual Funds to offers GARS fund to the US retail market.

KPMG faces criticism over ‘slow’ MF Global wind-down

9 Jan 2012

KPMG set for backlash over slow progress in recovering MF Global cash and assets.

RBS restructure plan puts 10,000 jobs under threat

5 Jan 2012

Royal Bank of Scotland is looking to sell of its investment banking arm as part of a restructuring plan that could see up to 10,000 jobs cut from the firm.

Government to appeal High Court solar ruling

3 Jan 2012

The Government has decided to appeal against a High Court ruling which said its solar feed-in tariff payments were illegal.

60% of absolute return funds lose money in 2011

3 Jan 2012

Only 25 out of 65 funds produced a positive return in 2011.

High Court rejects first Arch cru judicial review bid

3 Jan 2012

Justice for Financial Services is now planning an oral request at the Royal Courts of Justice.

Euro hits 10-year low versus the yen

29 Dec 2011

Euro falls to lows as concerns grow on Italian debt.

US regulator fines Barclays £1.9m for sub-prime failure

23 Dec 2011

Fine relates to the misrepresentation of sub-prime securitisations.

Phoenix Group finance director quits

21 Dec 2011

Phoenix Group finance director Jonathan Yates is leaving the firm to join Guardian Financial Services as chief executive.

ABI launches new OMO code of conduct

20 Dec 2011

New draft proposals designed to encourage more shopping around at retirement for an annuity.

Government set to approve banking split

19 Dec 2011

The Government is set to approve the Vickers’ report.

IMF chief: Leaders must stop global depression

16 Dec 2011

Christine Lagarde has warned that no country is safe from the growing economic concerns.

UK unemployment increases to 2.64m

14 Dec 2011

UK unemployment rose by 128,000 between August and October to 2.64 million.

Swip launches European high yield bond fund

13 Dec 2011

Steve Logan and Lesley O’Neill will manage the 75-stock portfolio.

UK inflation falls to 4.8%

13 Dec 2011

The UK consumer prices index has fallen to 4.8% in November.

Warning to BoE that more QE may fail

12 Dec 2011

BIS says quantitative easing will have a limited effect.

German stock-exchange says FTT must not hit private investors

2 Dec 2011

Boerse Stuttgart says the tax would disadvantage Germany and wider Europe.

ECB chief: Eurozone needs closer fiscal ties to solve crisis

2 Dec 2011

Draghi said binding governments to strong rules on public finances was the important element to restoring confidence in markets.

EEA suspends dealing in life settlements fund

1 Dec 2011

Move follows FSA concerns over life settlements.

AS 2011: Axing £1m VCT ceiling could transform the sector, says AIC

1 December 2011

AIC director general Ian Sayers says Chancellor George Osborne’s decision to scrap the £1m investing limit for venture capital trusts will provide a boost to the sector.

IMA adopts ABI model for managed sectors

30 Nov 2011

New names set out for active, balanced and cautious sectors.

AS 2011: Plan A success dependant on eurozone, says F&C's Scott

29 Nov 2011

Ted Scott says Chancellor George Osborne will need the outlook for the eurozone to improve for his current plan to work.

Rebel shareholders challenge Hargreaves Lansdown director pay deals

28 Nov 2011

Shareholder activist Pirc calls for investors to oppose the pay deals for directors.

Axa puts Bluefin up for sale

28 Nov 2011

Axa has appointed Fenchurch Advisory Services to assist in the sale of Bluefin Advisory Services.

European markets make early gains

24 Nov 2011

European markets bounce back after yesterday’s falls.

MPC members divided over inflation risk

23 Nov 2011

Policymakers are divided on whether there may be a need for more QE in the future.

BoE member slams "dishonest" bank lobbying over reform

23 Nov 2011

Robert Jenkins slams banks for their short-termist lobbying tactics.

Five arrests made in FSA land banking investigation

16 Nov 2011

Arrests relate to land banking through an unauthorised collective investment scheme.

Unemployment rises to 2.62m

16 Nov 2011

The number of unemployed people has risen by 129,000 in the three months to September.

EC plans tougher rules for credit rating agencies

15 Nov 2011

EC wants to make them more transparent, accountable and competitive.

UK inflation falls to 5%

15 Nov 2011

UK inflation falls to 5% in October.

FTSE blog: 'eurozone to enter recession in 2012'

11 Nov 2011

Markets recover as Italian bond yields drop below danger point.

Government wants to increase rates on £20bn FSCS loan

10 Nov 2011

Hoban says current terms of £20bn loan are “no longer appropriate”.

Markets fall as Italian borrowing costs hit 7%

9 Nov 2011

Markets across Europe have fallen this morning as concerns around Italy continue to grow.

CBI cuts UK growth forecast

9 Nov 2011

CBI expects the UK to narrowly avoid recession.

Markets regain majority of losses despite Italy concerns

7 Nov 2011

Markets regain most of their losses in early trades.

RBS announces £2bn pre-tax profits for Q3

4 Nov 2011

Royal Bank of Scotland has reported pre-tax profits of £2bn in the three months to September 30.

Steer to raise UK growth fund holdings in overseas earners

4 Nov 2011

Artemis fund manager Tim Steer expects to raise exposure to 75 per cent.

Henderson quits global currency

3 November 2011

MF Global broke customer cash rules

1 Nov 2011

Stockbroker MF Global broke rules requiring it to safeguarding client’s money, the firm’s regulator has claimed.

UK GDP grows by 0.5% in Q3

1 Nov 2011

The UK economy grew by 0.5% in the three months to the end of September.

FTSE blog: Markets down at close

Online - November 2011

Markets down despite early confidence.

FTSE down almost 3 per cent at close

31 Oct 2011

The FTSE 100 has fallen almost 3 per cent at close to stand at 5,544.22

Threadneedle appoints Neil Robson to global equities team

31 Oct 2011

Robson joins from Martin Currie Investment Management.

Capita makes individual offers to Arch cru investors

28 Oct 2011

Investors have until December 2012 to accept the offer with payment made within six weeks of receipt by CFM.

Henderson closes currency arm

27 Oct 2011

Henderson is closing its global currency offering.

Vince Cable fined for failing to pay VAT

26 Oct 2011

Cable fined £500 for failing to pay up to £25,000.

King warns QE will not guarantee rise in bank lending

25 Oct 2011

Bank of England governor says latest round of QE will not guarantee a boost in bank lending.

FTSE passes 5,500

24 Oct 2011

Markets rise on eurozone hopes.

Markets fall over eurozone division

20 Oct 2011

FTSE 100 falls below 5,400 in early trades.

Business boost for HL

20 October 2011

Spain and Italy face further ratings downgrades

19 Oct 2011

Moody’s downgrades Spanish bonds while S&P cuts credit rating of 24 Italian banks and financial institutions.

King: Time running out to solve global crisis

19 Oct 2011

King said having low interest rates and QE would only “delay and exacerbate the final reckoning for the West”.

Shares fall over France and China worries

18 Oct 2011

The FTSE has dropped below 5,400.

UK inflation rises to 5.2%

18 Oct 2011

The UK consumer prices index has risen to 5.2 per cent in September on the back of hikes in energy prices.

Barings appoints John Burns as COO

17 Oct 2011

Burns replaces the retiring John Misselbrook

Cofunds appoints Jim Clay as business development manager

17 Oct 2011

Cofunds has appointed Jim Clay as business development manager.

HMRC targets 6,000 Swiss bank accounts

13 Oct 2011

HMRC is set to write to UK residents and organisations holding Swiss bank accounts with HSBC in Geneva who have yet to report all their income and gains.

Direct platform for JPJShare

13 October 2011

Jacques joins Allfunds in expansion role

13 October 2011

UK unemployment hits 17-year high

12 Oct 2011

Unemployment hits 2.57 million.

HMRC fines 1.5m taxpayers for late self-assessments

11 Oct 2011

Fines are up 56 per cent in the past five years.

FTSE continues to rally

10 Oct 2011

The FTSE 100 is up almost 2 per cent at close as markets continue to rally.

Barings appoints head of Latin American equities

10 Oct 2011

Baring Asset Management has appointed Michael Simpson as head of Latin American equities.

MPC’s Weale: More scope for QE

10 Oct 2011

Monetary Policy Committee member Martin Weale believes there is “quite a lot of scope for more quantitative easing”.

BoE governor fears “worst ever” financial crisis

7 Oct 2011

Meryn King says this may be the worst financial crisis “ever” and also hints that inflation could hit 5% next month.

F&C chief exec Alain Grisay to retire        

6 Oct 2011

Grisay to step down from the board and as group CEO in May 2012.

Financial transaction tax is unfair unless stamp duty reserve is scrapped, says AITC

6 October 2011

Rambourg set for Paris hedge fund launch

5 Oct 2011

Former Gartmore star manager Guillaume Rambourg is poised to launch his own hedge fund venture in Paris.

Boiler room fraudsters sentenced to 40 years

5 Oct 2011

Seven men face a total of 40 years imprisonment after £8m bio-diesel investment fraud.

Cameron calls for UK safeguards in eurozone talks

4 Oct 2011

Prime Minister David Cameron has said that UK interests must be protected if eurozone countries begin to seek closer integration on the back of the European debt crisis.

JO Hambro launches two Asia funds

3 Oct 2011

JO Hambro Capital Management launches two Asia funds.

FTSE blog: FTSE down over 2.5 per cent at close

Online - October 2011

European markets fall sharply as Greek concerns remain rife.

FTSE blog: FTSE up 3% at close

Online - October 2011

The FTSE 100 has rallied alongside other European markets.

German parliament approves extension of EU bailout fund

29 Sep 2011

The German parliament has approved an extension of the EU’s main bailout fund.

Arch cru £54m compensation deal could face judicial review

29 September 2011

Dan Roberts quits Eden Financial for Fidelity

28 Sep 2011

Dan Roberts has quit Eden Financial after two months to join Fidelity.

FTSE 100 rises following early losses

26 Sep 2011

FTSE 100 is up 1 per cent despite falling beneath 5,000 in early trades.

FTSE 100 closes up for the day after regaining early losses

23 Sep 2011

The FTSE 100 has regained some of its losses after falling below 5,000 earlier today.

L&G chief executive Tim Breedon to retire

22 Sep 2011

Legal and General chief executive Tim Breedon is to retire from the firm at the end of next year.

Dennehy issues strategic bond warning

16 Sep 2011

Dennehy Weller managing director Brian Dennehy has warned investors to steer clear of strategic bond funds with large high-yield bond exposure.

Overseas funds soar as onshore slumps

15 September 2011

UK inflation rises to 4.5 per cent

13 Sep 2011

The UK consumer prices index has risen to 4.5 per cent in August, according to the Office for National Statistics.

Bank shares hit as FTSE 100 falls over 2%

12 Sep 2011

Leading banks in the UK have seen their share price fall as they face major reorganisation.

Swift Trade challenges regulator's £8m ruling

8 September 2011

NS&I withdraws popular savings certificates from sale

7 Sep 2011

NS&I withdraws fixed interest and index linked saving certificates after four months.

OMAM hires Kevin Lilley from Royal London

6 Sep 2011

Old Mutual Asset Management has poached Kevin Lilley to manage its £71m European equity fund.

FTSE 100 falls 3.6 per cent at close

5 Sep 2011

Markets across Europe have fallen sharply today as debt fears have resurfaced across the continent.

Advisers backing move away from absolute return term

2 Sep 2011

Advisers have welcomed Morningstar’s plan to move away from the term “absolute return” by introducing 18 new alternative investment categories.

Hargreaves plans to increase advice proposition as profits leap

1 Sep 2011

Firm plans to grow its fee-based advice service as profits increase 42%.

MetLife moves into Jersey market with two bonds

1 September 2011

Pru sets out next raft of M&G mergers

31 Aug 2011

Prudential has unveiled the next wave of funds it wants to merge into M&G funds as part of a move to separate its retail and insurance arms.

Argonaut appoints Edward James as COO

31 Aug 2011

Argonaut Capital Partners has appointed Edward James as its chief operating officer.

Legg Mason plans US equity income fund

30 Aug 2011

Legg Mason is adding to its UK retail range with the launch of a US equity income fund managed by New York-based ClearBridge Advisors.

Markets unchanged following Bernanke speech

26 Aug 2011

Markets have remained flat following Ben Bernanke’s decision to hold off on QE3.

MetLife plans move into Jersey

25 Aug 2011

MetLife has appointed Paul Frankland as sales development manager as part of its plans to expand its product range into Jersey.

Jupiter slashes cash weightings across £6.8bn Merlin range

24 Aug 2011

Multi-manager team significantly cuts the cash weightings across Merlin range.

FTSE live: FTSE 100 falls over 5 per cent this week

19 Aug 2011

The FTSE 100 is down over 5 per cent this week at the close of trading.

Gary Potter points to absolute return fears

19 Aug 2011

Thames River co-head of multi-manager Gary Potter has warned investors that now could be a dangerous time to invest in the absolute return sector.

Arch Cru cell firms set for multi-million legal fight

18 August 2011

Director jailed over £30m ‘Ponzi’ investment scheme

17 Aug 2011

Vintage Hallmark director Richard Gunter has been jailed for his role in a £30m investment fraud.

Liontrust reports net sales of £13m

17 Aug 2011

Liontrust sees AUMs fall 7.1 per cent since June 30, 2011, due to market volatility.

UK inflation rises to 4.4%

16 Aug 2011

UK inflation rises in July to 4.4%.

FTSE Live: FTSE 100 closes 3 per cent up

12 Aug 2011

European markets rebound following early losses.

Liontrust targets multi-manager after Occam deal

12 Aug 2011

Liontrust chief executive John Ions says the firm’s targets is a multi-manager offering following latest acquisition.

Investors warned of continued volatility

11 Aug 2011

Advisers have urged caution to investors who may view the market turmoil as a buying opportunity.

FTSE 100 slumps back towards 5,000

10 Aug 2011

FTSE 100 closes just above the 5,000 mark after 3 per cent loss.

Castlestone Management to close Ucits funds and liquidate Dublin-based business

10 Aug 2011

Castlestone Management plc has announced it is to close the firm’s funds and liquidate the business.

FTSE 100 closes at lowest level in over a year

8 Aug 2011

Blue-chip index falls by 3.39 per cent.

A week of heavy falls for the FTSE 100

5 Aug 2011

Fears over eurozone debt crisis and US economic recovery hammered markets this week.

Lloyds reports £3.3bn loss after PPI costs

4 Aug 2011

Lloyds cites PPI provision for first half loss.

FSA publicly censures Birmingham-based IFA

3 Aug 2011

The FSA has publicly censured Exclusive Asset Management Limited for systems and controls failings.

Northern Rock losses halved

3 Aug 2011

Bank expects to begin trading profitably in the second half of 2012.

FSA agrees to sell reporting mechanism to LSE for £15m

2 Aug 2011

The FSA has entered into a conditional agreement to sell its approved reporting mechanism to the London Stock Exchange for £15m.

Schroder bolsters European equities team

1 Aug 2011

Schroders has appointed Nicholette MacDonald-Brown as a fund Manager on its European equities team.

FTSE live: FTSE 100 up 1% at close

Online - August 2011

The FTSE 100 closes just shy of 5,100.

Credit Suisse to cut 2,000 jobs

28 Jul 2011

Credit Suisse is to cut 2,000 jobs by the end of 2012 in a bid to make cost savings across the business.

SJP: We have no plans to join Aifa

28 Jul 2011

Firms sees overall profits soar but distribution profits fall as commissions are cut.

FSA swoops on Castlestone offices

28 July 2011

Snowden cautious on eurozone periphery

28 July 2011

Ponzi suspect extradited from Spain

27 Jul 2011

A suspect in the alleged fraudulent Gilher investment scheme has been charged with conspiracy to defraud.

FOS awaits clarity on FSA package for Arch cru

26 Jul 2011

FOS puts complaints on Arch cru range on hold pending more details of the FSA’s £54m package.

GDP rises by 0.2% in second quarter

26 Jul 2011

The UK economy has grown by 0.2 per cent in the second quarter of 2011.

Snowden stays wary over Europe

25 Jul 2011

Stephen Snowden has said he will remain cautious on peripheral Europe despite credit spreads being the widest they have been in the UK corporate bond market since 2009.

EU leaders agree £96bn Greek bail-out

22 Jul 2011

European leaders have agreed a second bail-out for Greece in an attempt to shore up the euro.

Ex-Barclays adviser jailed for £600,000 fraud

21 Jul 2011

James Leonard Finnigan stole from dead, elderly and ill customers.

Cockerill and Stephens to join Rowan Dartington

21 July 2011

FSA takes tough line on VCT and EIS marketing

21 July 2011

Man looks to buy residual exposure to Lehman

21 July 2011

Threadneedle appoints head of multi-asset

19 Jul 2011

Threadneedle Investments has appointed Toby Nangle as head of multi-asset.

Bolton’s China fund suffered losses after two firms accused of fraud

14 Jul 2011

Fund guru says his team underestimated the risks of investing in China, according to reports.

Moody’s may downgrade US AAA rating

14 Jul 2011

Moody’s says it may review its AAA rating of the US.

JPM absolute fund looks for IFA traction

14 July 2011

FSA warns on VCT and EIS promotions

13 Jul 2011

The FSA is cracking down on VCTs and EIS that are being marketed primarily on the tax incentives offered and not highlighting the risks involved.

IMF: Italy must enforce spending cuts

13 Jul 2011

IMF calls for Italy to ensure “decisive implementation” of spending cuts.

Nigel Payne leaves Assurant Intermediary

12 Jul 2011

Assurant Intermediary managing director Nigel Payne has left the company following a restructure of the business.

Markets fall on eurozone fears

12 Jul 2011

Concerns the crisis could reach Italy and Spain while Euro leaders say Greece may be set to default.

15,000 More jobs axed in Lloyds cost-cutting drive

7 July 2011

Ex-Gartmore duo joining Eden

7 July 2011

S&P downgrades Greek credit rating

4 Jul 2011

S&P has downgraded the credit rating for Greece, citing concerns that the country will have to restructure its private sector debts.

Graham Duce

4 Jul 2011

Greek parliament passes second austerity law

30 Jun 2011

The Greek parliament has passed the second austerity law which allows them to secure further support from the IMF.

Lloyds to retain 60 per cent stake in St. James's Place

30 Jun 2011

Lloyds Banking Group has confirmed that it will keep its 60 per cent stake in St James’s Place.

Banks warned to turn away money-laundering risks or face FSA action

30 June 2011

Schroders sets up third low-cost fund

30 June 2011

Greek parliament approves austerity package

29 Jun 2011

The Greek parliament has narrowly voted in favour of the £25bn package of austerity measures.

Christine Lagarde appointed as head of the IMF

28 Jun 2011

France’s Christine Lagarde is named the first woman head of the International Monetary Fund.

Posen slams BIS over interest rate criticism

28 Jun 2011

MPC committee member Adam Posen has slammed the Bank for International Settlements for its comments over the UK’s soft interest rate policy.

Man arrested over unauthorised investment scheme

28 Jun 2011

The FSA and the Dorset Police search two premises in Poole.

FCA set to increase enforcement action

27 Jun 2011

Replacement for the FSA will increase the level of enforcement on the firms it regulates.

L&G adds share class to multi-manager range

24 Jun 2011

Legal & General is adding an additional share class to its multi-manager fund range with an increased annual charge but no performance fee.

Clegg calls for public to be given bank shares

23 Jun 2011

Deputy Prime Minister Nick Clegg has called for the public to be given shares in both Lloyds and RBS.

Liontrust in £1.7m loss due to shake-up

23 June 2011

Structured products will fund mortgage

23 June 2011

FSA refers two banks to enforcement over high-risk customers

22 Jun 2011

The FSA has referred two banks to its enforcement division after spotting a number of serious weaknesses in their systems and controls for managing high-risk customers.

Arch cru clients can take FSA deal and still claim on IFAs

22 Jun 2011

Investors who agree to the £54m compensation package will still be able to make a claim against their IFA.

FSA announces £54 million package for CF Arch cru investors

21 Jun 2011

The FSA has announced a £54m package for CF Arch cru investors.

Peter Hicks to leave Fidelity

17 Jun 2011

Fidelity International product director for UK equities Peter Hicks is leaving the firm after eight years.

Barclays promises it will repay all PPI complaints in full

16 June 2011

Gledhill redundant in Henderson changes

16 June 2011

IMA delays new managed sector implementation date

15 Jun 2011

The IMA has pushed back the implementation date for its managed sectors to October 1, 2011.

Liontrust posts £1.7m loss following restructure

15 Jun 2011

Liontrust has announced a pre-tax loss of £1.7m following an extensive restructure within the asset manager.

UK inflation stays at 4.5 per cent

14 Jun 2011

UK CPI inflation rate remained unchanged at 4.5 per cent in May.

M&G to merge two UK equity income funds

13 Jun 2011

M&G is merging its £208m income fund with its £521m dividend fund.

FSA and Capita role in Arch cru to be raised in parliament

13 Jun 2011

Conservative MP Alun Cairns to raise concerns in parliament.

FSA grants temporary extension for some PPI complaints

13 Jun 2011

The FSA has agreed a temporary extension for Barclays, Lloyds Banking Group and RBS to handle the backlog of payment protection insurance complaints.

Select platform from Bestinvest offers lower-cost solution

13 Jun 2011

Bestinvest chief executive Peter Hall says the firm’s new platform Select fills a gap in the lower-cost platform market.

MPs call for extra independents on FPC

8 Jun 2011

FPC has only two external members less than one week before its first meeting.

Ed Balls calls for further bank bonuses tax plan

6 Jun 2011

Labour shadow chancellor Ed Balls says his party wants to vote on a new tax on bank bonuses to fund schemes for youth jobs and new homes.

Berry AM teams with Novia to launch five model portfolios

3 Jun 2011

Berry Asset Management has teamed with Novia to launch five risk-graded managed model portfolios.

MPs call on RBS to explain £25bn boost in capital position

2 Jun 2011

MPs say reporting standards being used by RBS may be “distorting” the banks capital position.

Bestinvest in acquisition talks with adviser firms

2 Jun 2011

Bestinvest chief executive Peter Hall says his firm is in talks with a number of adviser firms about potential acquisitions.

Blanchflower: Return of banking regulation to the BoE is a mistake

1 Jun 2011

Former Bank of England MPC member David Blanchflower said the return of the powers to the BoE is because the Government wants a “toothless watchdog”.

Paul Myners joins Cevian Capital

31 May 2011

Paul Myners joins Cevian Capital as a partner and chairman of its UK operations.

Virgin targets 600 Lloyds bank branches

26 May 2011

Richard Branson’s Virgin Money is set to bid for around 600 of Lloyds bank branches.

Bestinvest launches new Select platform

24 May 2011

Bestinvest is launching a new wrap platform powered by SEI.

Cash fund transfer sees fall in assets for Henderson

12 May 2011

IMA reports best Isa crop in almost a decade as sales figures hit £950m

12 May 2011

PPI claims on banks could hit £10bn

6 May 2011

The banks involved in the mis-selling of payment protection insurance could face as much as £10bn in claims.

Strauss: Aviva wrap will tackle mid market

5 May 2011

Aviva is merging its adviser web portal and wrap into a single platform and overhauling its investment proposition with the launch of a number of risk-based solutions.

Schroders reports £103.8m pre-tax profits in Q1

5 May 2011

Schroders has announced pre-tax profits of £103.8m in the first quarter of 2011.

Raising the bar

5 May 2011

Aviva to launch new integrated £56bn platform

4 May 2011

The Aviva Platform will bring legacy assets and wrap together and include protection policies and annuities.

F&C adds absolute Gem

28 April 2011

Shah's special values hit by lack of commodities

28 April 2011

Home Office and Treasury battle over financial crime powers

27 Apr 2011

The FSA may still lose its enforcement powers to a new force that will take over from the Serious Organised Crime Agency in 2013.

Syndicate Asset Management sells institutional fixed income business

27 Apr 2011

Firm sells institutional fixed income business Epic Asset Management to Hume Capital for £2.1m as part of plans to focus on wealth management.

Ian Lowes says his structured research undermines IMA study

21 Apr 2011

Research contrasting tracker funds with capital-at-risk structured products undermines the IMA’s recent controversial study into the sector, says Lowes.

Trade punches

21 April 2011

Markets plunge after S&P downgrades US debt outlook

18 Apr 2011

Leading markets plunge as S&P downgrades US debt outlook from stable to negative.

Ex-Schroders head joins MAM

14 April 2011

Snowden in Aegon return

14 April 2011

UK unemployment falls to 2.48m

13 Apr 2011

UK unemployment falls by 17,000.

Royal London signs transfer deal for proposed Royal Liver takeover

12 Apr 2011

Royal London has signed a deal that sets out the potential transfer of Royal Liver’s asset and liabilities to Royal London.

LV= set to sell asset management arm

11 Apr 2011

Four firms in the race for LV= Asset Management, according to reports.

City Asset Management launches five risk-rated portfolios

11 Apr 2011

Discretionary manager launches five risk-rated funds.

Gartmore stars Guy and Rambourg set for hedge fund launch

11 Apr 2011

Former Gartmore star duo Roger Guy and Guillaume Rambourg are set to launch a hedge fund together, according to reports.

Advisers on the alert over Barclays income bond

8 Apr 2011

E&Y and HSBC criticise Capita for Arch cru role

7 April 2011

Pursglove and Wagstaff won't join Henderson

7 April 2011

Aberdeen MM team rebrand multi-asset growth fund

6 Apr 2011

Aberdeen Asset Management’s multi-manager team is rebranding its £7.9m multi-asset growth fund and is giving it a stronger total return mandate.

Ignis marketing head Rob Page quits for Ardevora

1 Apr 2011

Ignis Asset Management head of marketing Rob Page is leaving the firm to join former Liontrust colleagues Jeremy Lang and William Pattisson at Ardevora Asset Management.

Isa sales rise after slow start

1 Apr 2011

Peace deal plan for banks

31 Mar 2011

Whitehall officials are pushing a three-way deal between the Government, big banks and the Independent Commission on Banking.

T Bailey chief Britton takes industry break

31 March 2011

FSA drops Rambourg investigation

31 March 2011

Record sales for US funds, IMA stats

30 Mar 2011

Sales in North American funds jump five-fold to reach £222m.

FSA drops probe into former Gartmore star Rambourg

29 Mar 2011

European fund star Guillaume Rambourg targets return to fund management after being cleared by the FSA.

Woodford: Osborne too optimistic on UK growth

29 Mar 2011

Leading income manager Neil Woodford says growth forecast by the Chancellor is too optimistic on his expectations for UK growth.

Osborne aims to scrap 50p tax rate in 2013

25 Mar 2011

Osborne plans to scrap tax rate after evidence showed individuals were going to great lengths to avoid it.

Arbuthnot Latham to offer IFA discretionary service

24 Mar 2011

Arbuthnot Latham has launched a discretionary investment management service for IFAs.

Industry confidence on downward trend

24 March 2011

Slow burner

24 March 2011

Lighthouse reports £1.53m profits as adviser numbers fall

23 Mar 2011

Lighthouse reports pre-tax profits of £129,000 but sees adviser numbers fall almost 10 per cent as RDR approaches.

Track and field

21 Mar 2011

'Fear rules market but it should be contained'

17 March 2011

Japan's nuclear fears pose new problems for markets

17 March 2011

Schroders profits triple to hit £406m

17 March 2011

Nikkei falls 6 per cent after earthquake

14 Mar 2011

Japanese shares have fallen by over 6 per cent on the first full trading day since the earthquake and tsunami hit the country.

Japan hit by earthquake and tsunami

11 Mar 2011

Numerous casualties feared after a tsunami and earthquake in Japan which measured 8.9 on the Richter scale.

Yearsley backs Osborne over new look at VCT tax breaks

11 Mar 2011

Investment manager backs Chancellor George Osborne’s re-examination of tax incentives granted to venture capital trusts.

Hargreaves “dazed” by FTSE 100 inclusion

10 Mar 2011

Hargreaves Lansdown is promoted to the FTSE 100 less than four years after flotation.

Fund stars warn on UK trackers

10 Mar 2011

Leading UK equity income managers Bill Mott and Tony Nutt have warned investing in UK index trackers carries significant risks at present with their heavy exposure to the natural resources sector.

Nine arrested in SFO Kaupthing investigation

9 Mar 2011

Nine men have been arrested in London and Reykjavik in relation to the Serious Fraud Office’s ongoing investigation surrounding the collapse of the Kaupthing banking Group.

Woodford: It is dangerous to play the China story

4 Mar 2011

Invesco Perpetual income manager Neil Woodford believes investors in Chinese commodity and mining markets are due “a dose of realism”.

BlackRock's Lyttleton opposes Woodford on pharm opportunity

4 Mar 2011

Woodford says bank recovery will take three more years

3 Mar 2011

Invesco Perpetual income guru Neil Woodford believes it will be at least another three years before the banking sector becomes an attractive investment prospect.

Baillie Gifford soft-closes emerging growth fund

3 March 2011

Henderson profits surge but it faces £7.6m FSCS levy

3 March 2011

Syndicate rebrands and focuses on wealth

3 March 2011

Sesame Bankhall launches panel management service for mortgage valuations

2 Mar 2011

Sesame Bankhall has launched a new panel management service for mortgage valuations.

Jupiter appoints Philip Matthews as deputy manager on Nutt’s £2.5bn income trust

2 Mar 2011

Jupiter has appointed Philip Matthews as deputy manager on Anthony Nutt’s £2.5bn income trust.

Woolnough: Corporate bond supply to dry up

25 Feb 2011

Syndicate Asset Management set to rebrand as Ashcourt Rowan

25 Feb 2011

Syndicate to focus on wealth management sector and plans to sell Epic Asset Management.

Harries: Blue chips look set for rise to premium prices

25 Feb 2011

Woodford: Setting the record straight

24 Feb 2011

Invesco Perpetual income manager Neil Woodford believes the market has completely misread the fundamentals of the industry and that valuations are all that matter.

Carby Caerus Wealth duo are recruited by Openwork

24 Feb 2011

Openwork has recruited two directors from Keith Carby’s new business Caerus Wealth Group.

Gartmore sees £7.2bn of outflows in 2010

23 Feb 2011

Gartmore reveals £2.1m interim interim levy bill.

Lowes open letter slams Peter Hargreaves' structured stance

22 Feb 2011

Lowes issues open letter calling on Hargreaves to stop blaming structured product for FSCS levy hike.

Jim Leaviss warns against rate hike

17 Feb 2011

M&G fixed interest head says he expects an interest rate hike in June which would be damaging to the economy.

Split over absolute return sector proposal

17 Feb 2011

Advisers providers are divided on IMA’s suggestion to link the absolute return sector with managed sectors in a bid to categorise the risk level of funds.

Can F&C regain focus?

17 February 2011

London Stock Exchange in £3.7tn Canadian merger

17 February 2011

FSCS becomes latest firm targeted by scammers

14 Feb 2011

FSCS warns consumers to be on guard from bogus callers or people preporting to be from the compensation scheme.

Ex-Capita MD Coxell leads buyout of Rowan Dartington

10 Feb 2011

A consortium of private investors led by ex-Capita financial services head Graham Coxell has acquired Rowan Dartington from Astaire Group.

Hargreaves Lansdown hit with £3m FSCS levy bill

10 Feb 2011

Firm calls for a review of FSCS after recording record revenue and profits.

Axa sets up legacy deal

10 February 2011

FSCS lands Liontrust with £415,000 interim charge

10 February 2011

Ignis shake-up to boost UK funds

10 February 2011

Sinfonia adds five funds to Cofunds

9 Feb 2011

Tenet Group’s investment arm Sinfonia Asset Management has placed its five IFSL risk-rated funds on the Cofunds platform.

London Stock Exchange agrees merger with Canada’s TMX

9 Feb 2011

The London Stock Exchange has agreed to merge with Canada’s TMX Group.

Ex-FSA head Sally Dewar to join JP Morgan Chase

8 Feb 2011

JP Morgan Chase has appointed former FSA head of risk Sally Dewar to work within its risk division.

RCM to launch global emerging markets multi-asset fund

7 Feb 2011

RCM is planning to launch a low volatilty global emerging markets multi-asset fund in the second quarter of 2011.

JP Morgan looks to add more low-cost funds

4 Feb 2011

Head of UK retail sales Jasper Berens says he would like to launch more low-cost active managed funds designed to be an alternative to the passive market.

Axa Elevate adds new charging structure for high value clients

3 Feb 2011

Axa has introduced two new pricing tiers to its wrap platform Elevate to accommodate for advisers wishing to place busines from high value clients.

Ignis manager concerned at UK income concentration

3 February 2011

Investment banker jailed for insider dealing

2 Feb 2011

Christian Littlewood was sentenced to three years and four months in custody.

Liontrust faces £415,000 FSCS levy hit

2 Feb 2011

Firm sees £76m of net inflows in last three months of 2010.

IMA concerns over Prips implementation

1 Feb 2011

Trade body calls for harmonised approach to selling practices.

Aberdeen Asset Management to sponsor Cowes Week

28 Jan 2011

Firm takes over sponsorship of the event Skandia used to entertain IFAs for 14 years.

Pattullo's bond fund halves financials and adds 12% cash

28 Jan 2011

Artemis becomes latest fund firm targeted by scammers

27 Jan 2011

Artemis shareholders contacted by a number of people claiming to be brokers.

St James's Place looks to double assets over the next five years

27 January 2011

Aegon adds portability option to offshore bond

26 Jan 2011

European portability option will sit in Aegon’s main offshore bond.

Advisers report huge increases in FSCS bills

25 Jan 2011

One adviser says his levy last year was £6,009 but today’s bill was £51,459.

Clients were told IFA firm had gone bust rather than network

21 Jan 2011

An adviser has slammed Phoenix Independent Advisers for sending a letter to some of his clients last November that claimed his firm had gone into administration.

JOHIM appoints Spencer House Capital Management duo

20 Jan 2011

Charles Martyn-Hemphill and Will Kenney will run global equity segregated mandates at the firm.

IMA looks at splitting absolute return sector

20 Jan 2011

IMA looks at splitting absolute return sector into two separate sub-sectors.

Woodford flagship funds downgraded

20 Jan 2011

Financial Express has downgraded Invesco Perpetual fund guru Neil Woodford’s flagship income and higher-income funds.

Rate rise would be 'GDP suicide'

20 January 2011

Jupiter assets jump 9 per cent to £24bn

19 Jan 2011

Jupiter has seen its assets under management jump 9 per cent to £24.1bn in the final quarter of 2010.

UK inflation rises to 3.7 per cent

18 Jan 2011

The UK consumer prices index has risen to 3.7 per cent in December, its highest rate in eight months.

F&C set for £12m of cost cuts

14 Jan 2011

Firm set to appoint new outsourcing provider and is looking at product rationalisation.

Freeman-Shor to work on entire Skandia ideas range

14 Jan 2011

M&G’s Leaviss warns that BoE could be on the brink of policy error

13 Jan 2011

M&G head of retail fixed interest Jim Leaviss says the BoE may be forced to hike rates and commit “GDP-suicide”.

L&G could add UK equity income to fill fund gap

13 Jan 2011

L&G Investments managing director Simon Ellis says the company is looking at adding a UK equity income fund to its investment range.

F&C urges vote to block Sherborne board bid

13 January 2011

Intrinsic appoints Keith Baldwin as non-executive director

11 Jan 2011

Intrinsic Financial Services has appointed former Zurich Advice Network chief executive Keith Baldwin as non-executive director.

Advisers question JPM soft-closing global fund

7 Jan 2011

Advisers question why the firm has soft-closed the offshore without looking at future flows onshore.

FSA fines and bans director over £2m insurance fraud

6 Jan 2011

FSA fines and bans Surety Guarantee Consultants Limited director Barry Williams for his role in £2m insurance fraud.

Henderson takeover of Gartmore could see major consolidation

6 Jan 2011

Peak's UK funds face losses if deal goes ahead

6 January 2011

Henderson set for more fund mergers

5 Jan 2011

Henderson plans to merge away UK and European opportunities funds.

Housing minister warns on mortgage regulation

31 Dec 2010

Shapps to urge FSA head not to clamp down too tight on mortgage lending.

FTB mortgage affordability hits 12 year high.

29 Dec 2010

Mortgage affordability for first time buyers is at its most attractive for 12 years, according to the latest annual Halifax First Time Buyer Review.

Standard Life Bank of China talks break down

24 Dec 2010

Standard Life has announced that talks over a joint venture between themselves and Bank of China have broken down.

Prepare for interest rates of 5%, warns BoE markets chief

23 Dec 2010

Paul Fisher says central bank policymakers would like to raise rates as much as tenfold.

Ernst & Young faces US lawsuit over Lehman

22 Dec 2010

E&Y accused of being complicit in a “massive accounting fraud” which Lehman ran.

UK economic growth revised down

22 Dec 2010

Fall blamed on weaker growth in the production sectors.

CBI cuts growth forecast for Q1 2011

20 Dec 2010

CBI cuts forecast from 0.3% to 0.2%

EU agrees on permanent eurozone rescue mechanism

17 Dec 2010

EU leaders have agreed to set up a permanent bail out mechanism to help member states with debt problems that threaten the 16 countries in the eurozone.

Architas CIO Philbin quits

16 December 2010

JP Morgan soft closes offshore global natural resources fund

15 Dec 2010

Firm soft closes its offshore £2.7bn global natural resources fund but says it has no intention of soft closing £2.5bn onshore natural resources fund.

Richard Philbin quits Axa's Architas

13 Dec 2010

Architas CIO quits the firm after two years.

Iceland strikes deal with UK and Netherlands over banking dispute

10 Dec 2010

Iceland to pay back £3.4bn between 2016 and 2046.

Gartmore fined $1.35m by SEC for short-selling breach

9 Dec 2010

Fine by US regulator follows breach of short selling rules.

Solvency issues could send the euro crashing

9 December 2010

IMF chief slams inadequate response to Eurozone debt crisis

8 Dec 2010

Strauss-Kahn claims response to crisis has been “piecemeal”.

Small caps go large

6 Dec 2010

Moneygate plans MBO

3 Dec 2010

Moneygate Group has confirmed that it has secured new funding in a bid to buy out investment partners, MGT Capital Investments.

Reeves picks investment chief to push fund range

2 December 2010

AWD looks for buys after 'phenomenal' turn-round

26 Nov 2010

PSigma goes on the defensive

26 Nov 2010

PSigma IM chief investment officer Tom Becket says his team has been moving to a defensive stance due to market volatility.

T Bailey to merge equity income into growth fund

25 Nov 2010

T Bailey is proposing to merge its £9m equity income fund into its £162m growth fund.

Nationwide rate pledge costs £300m

25 November 2010

Clarkson Hill has shares suspended for second time in 2010

24 Nov 2010

Clarkson Hill has had its shares suspended on AIM for the second time this year.

ishares appoints new head of sales

23 Nov 2010

ishares has appointed David Gardner as head of sales for the EMEA region.

Succession adds trio of adviser firms

19 Nov 2010

Succession Advisory Services has acquired three more adviser firms bringing its total assets under management over £5.5bn.

Platform reforms will cost £127m

17 Nov 2010

Proposals will see a £127m one-off payment for the industry and £47.6m of ongoing costs.

Advisers fear a rush for the door as Roger Guy resigns

11 November 2010

Strategic review could end in quick sale of Gartmore

11 November 2010

Are the kids' Isas all right?

8 Nov 2010

Gartmore CIO Dominic Rossi joins Fidelity

8 Nov 2010

Fidelity International has appointed former Gartmore chief investment officer Dominic Rossi.

Newton chief defends using derivatives to boost income

5 Nov 2010

Newton higher-income manager Tineke Frikkee rejects Hargreaves concerns about the use of income-generating derivatives in her £2.7bn fund.

De Blonay takes over Jupiter financial opps

4 November 2010

Financial Express and Style Research offer fund monitor

4 November 2010

Oakley Capital acquires BDO Investment Management

4 Nov 2010

Origen links with Staffcare to offer benefits portal

4 November 2010

LSE launches investigation into ‘suspicious’ trading after platform crash

3 Nov 2010

LSE says crash “may have occured in suspicious circumstances”.

Former Collins Stewart boss Terry Smith launches low cost equity fund

2 Nov 2010

Fundsmith equity fund launches with 1 per cent AMC.

Gibbs to hand Jupiter financial opps fund over to de Blonay

1 Nov 2010

de Blonay to take over as lead manager on January 1, 2011.

F&C assets jump 13.5 per cent

29 Oct 2010

Thames River acquisition boosts assets by £4.2bn.

Jupiter MM team bolsters Japanese equities exposure

29 Oct 2010

Jupiter’s multi-manager team has bolstered its exposure to Japanese equities across three of its four merlin portfolios.

Henderson looks at natural resources

28 Oct 2010

Henderson is in talks with external groups over possible launch.

Renewable energy target for Hazel Capital VCTs

28 October 2010

Government unveils junior Isa plan

27 Oct 2010

New tax free savings account set for launch in 2011.

UK economy beats growth forecasts

26 Oct 2010

GDP increases 0.8 per cent in Q3.

Gilt yields fall to record low

22 Oct 2010

Chancellor indicates more QE is on the way.

Firms will no longer pay employees' fines

21 October 2010

Hendry slams fund axe

21 October 2010

M&G offering UK inflation-linked corporate fund deal

21 October 2010

Swip tops the dirty dozen

21 October 2010

AILO appoints Mark Kennett as chairman

19 Oct 2010

The Association of International Life Offices has appointed Mark Kennett as chairman.

Spending Review gaffe reveals 490,000 public sector job cuts

19 Oct 2010

Treasury Chief Secretary Danny Alexander has accidentally disclosed expected public sector job cuts.

Bestinvest asks VCT firms to reveal rival commission deals

15 Oct 2010

Hargreaves Lansdown slams Bestinvest over VCT questionnaire.

FSA to prevent firms from paying employees’ fines

15 Oct 2010

New rules would prevent firms paying financial penalties imposed on present or former employees.

Succession gets FSA approval

15 Oct 2010

IFA consolidator Succession Advisory Services has been granted authorisation by the Financial Services Authority.

Close Brothers to sell property fund firm to Alpha Real Capital

14 October 2010

HSBC adding sterling classes for emerging market funds

14 October 2010

HSBC adds sterling share classes for emerging market funds

13 Oct 2010

HSBC Global Asset Management is introducing a sterling share class for nine of its emerging market funds in a bid to widen their accessibility to UK investors.

Lloyds ignores FSA calls on PPI

13 Oct 2010

Lloyds Banking Group has stopped processing complaints related to mis-sold PPI despite warnings from the FSA not to do so.

Isas set for £480 boost

12 Oct 2010

RPI figures for September should see Isa levels jump in the next tax year.

Ignis shelves joint ventures to focus on growing its own

8 Oct 2010

Ignis plans to focus on building internal offerings.

Bubble trouble

7 October 2010

Compensation claims ruled out for Lehman-backed products

7 October 2010

Reed leaves Fidelity to take hedge fund role in New York

7 October 2010

Close AM appoints head of financial planning

6 Oct 2010

Close Asset Management has appointed Beverley Lavin as head of financial planning.

PosSol posts £7.4m loss and reveals plans to broaden offering

5 Oct 2010

Firm blames loss on economic downturn, higher reg fees, improved governance controls and a share-option write-off.

SocGen trader Jerome Kerviel jailed

5 Oct 2010

Rogue trader jailed for at least three years.

Leading property managers back derivatives launch

4 Oct 2010

Swip, Prudential and Skandia all back derivatives launch.

Fidelity global focus manager quits

1 Oct 2010

Fidelity global focus fund manager Brenda Reed is to leave the firm after 18 years.

FSA to increase FOS limit to £150k

30 Sep 2010

The FSA has proposed increasing the limit on awards made by the Financial Ombudsman Service to £150k.

Neptune soft-launches income funds

30 Sep 2010

Neptune has bolstered its fund range with the launch of  both a US income fund and a UK higher income fund.

FSA bans partner at First Colonial Investments LLP for governance failings

29 Sep 2010

Gerald Classey banned for several failings.

Liontrust sees first inflows in two years

29 Sep 2010

Liontrust has reported its first quarter of inflows in over two years.

Liontrust appoints Mark Allpress as head of retail distribution

27 Sep 2010

Liontrust has appointed Mark Allpress as head of retail distribution.

Schroders backs UK all companies split

23 Sep 2010

HMRC may write off £1.5bn of unpaid tax

23 Sep 2010

HM Revenue & Customs is likely to write off up to £1.5bn of unpaid taxes, according to reports.

Liontrust plans fund merger and rebranding across range

23 September 2010

Openwork embarks on series of strategy meetings

23 Sep 2010

Openwork CEO Martin Davis is to holding a series of adviser meetings across the UK to cover the network’s strategy and future business structure.

Woodford says his income duo are not depending on a double-dip to perform

23 September 2010

HSBC chief executive threatens to quit

22 Sep 2010

HSBC chief executive threatens to quit over chairman role.

Watch out for fake firm claiming to be Octopus

16 Sep 2010

Octopus Investments has warned its VCT clients that a third party is misusing its name and says shareholders have been contacted as part of an illegal boiler room scam.

Firm pledges support for savings campaign

16 September 2010

Martin Currie set to widen absolute range

16 September 2010

Passporting route could be costly

16 September 2010

Woodford says prospect of a double dip is rising

16 September 2010

Openwork set to buy 2plan Wealth Management

15 Sep 2010

Openwork is to acquire 2plan Wealth Management in a bid to build its whole of market IFA capability ahead of the RDR.

Resolution completes acquisition of Axa UK Life business

15 Sep 2010

Resolution’s acquisition of Axa UK Life business, under Friends Provident, has been completed.

Towry appoints chief investment officer

14 Sep 2010

Towry has appointed Dr Robert Dawkins as chief investment officer.

Helvetia Wealth acquires Scottish IFA

13 Sep 2010

Swiss and Leichtenstein-based asset management firm Helvetia Wealth has acquired Scottish IFA Dunedin Independent.

Pimco launches UK retail fund range

13 Sep 2010

Pimco has launched a Ucits III fund range for retail investors through Aegon’s investment platform.

AWD Chase de Vere in Quality deal for referrals

9 Sep 2010

BlackRock renames income fund

9 September 2010

FSA fines Goldman Sachs £17.5m

9 Sep 2010

FSA fines Goldman Sachs for failure to provide appropriate information.

Global bond business hits record high

9 September 2010

RDR is top of Hargreaves' risk register

9 September 2010

Hargreaves Lansdown co-founder Peter Hargreaves has labelled the RDR as the biggest risk facing retail investors.

Former Goldman Sachs Asia head in frame for HSBC role

8 Sep 2010

The former head of Goldman Sachs in Asia is understood to be a frontrunner to succeed Stephen Green as the chairman of HSBC.

HSBC bolsters alternative investment team

7 Sep 2010

HSBC appoints Amy McNally as global marketing manager.

Schroders appoints head of European equities

7 Sep 2010

Schroders has appointed Rory Bateman as head of European equities.

Gartmore offers equity deal to top staff

6 Sep 2010

Gartmore has awarded 3.5 per cent of the company’s equity to leading members of its staff in a bid to lock them into the business.

Agreement over new European financial watchdogs

3 Sep 2010

Three new pan-EU watchdogs will be created with powers to intervene in emergency situations.

US loses fewer jobs than expected

3 Sep 2010

The US lost fewer jobs than expected in August, according to the latest non-farm payroll figures.

Tenet backs Aifa level five diploma

2 Sep 2010

Tenet is to support Aifa’s new diploma in investment planning.

FSA imposes life ban on insurance broker

2 Sep 2010

The FSA has imposed a lifetime ban on David Marriott for his persistent misuse of client money.

F&C completes Thames River deal

1 Sep 2010

F&C Asset Management has completed its acquisition of investment boutique Thames River Capital.

OMAM hires new manager for dynamic bond fund

1 Sep 2010

Old Mutual Asset Managers has appointed Christine Johnson to manage its £30m dynamic bond fund.

Henderson would opt for boutique buy over big firm

27 Aug 2010

Fidelity attacked for not allowing in-specie windfall Isa transfers

26 Aug 2010

Faltering start for Bolton's China fund

26 August 2010

S&P downgrades Ireland

25 Aug 2010

Standard & Poor’s has downgraded the Irish Republic to its lowest sovereign rating in 15 years.

Henderson duo build up FTSE downside protection

20 Aug 2010

Harris and Heron believe FTSE 100 is set to hit 4,800 in the next couple of months.

Fidelity to shut windfall Isas

19 Aug 2010

Fidelity is to close its windfall Isa scheme after the number of accounts dropped to 34,000.

Henderson sees profits jump 79 per cent

18 Aug 2010

Chief executive Andrew Formica refuses to comment on Gartmore bid rumours.

Close Asset Management appoints senior duo

16 Aug 2010

Close Asset Management has appointed Andrew Gillespie as marketing director and Anita Juneja as head of strategic relationships.

Maguire says bid for Arch Cru compensation will fail

13 Aug 2010

Cru Investment Management founder Jon Maguire believes IFAs will fail in their attempt to seek compensation from Capita for losses their clients have suffered through the Arch Cru range.

Tenet £1m loan support to members

13 Aug 2010

Tenet says it has provided almost £1m in loans to support its adviser firms.

FSA probing Coutts over AIG fund sales

12 August 2010

Henderson touted for Gartmore bid

11 Aug 2010

Rumours within the City that Henderson is targeting Gartmore.

UK unemployment levels falls to 2.46m

11 Aug 2010

The number of people unemployed in the UK fell by 49,000 to 2.46 million in the three months to June.

Aviva adding levy on 21 funds

6 Aug 2010

Aviva Investors is to add a 0.1 per cent charge across a total of 21 funds within its range.

Schroders slammed over Sloane performance fee

6 Aug 2010

Yearsley says fee for emerging markets fund is “outrageous”.

FSA probes Coutts & Co after AIG bond sales

6 Aug 2010

The FSA has launched an investigation into Coutts & Co over the sale of the AIG bonds.

RBS reports £1.1bn half year profit

6 Aug 2010

RBS reports pre-tax profit of £1.1bn for first half of 2010.

Capita faces 1,300 CF Arch Cru investor complaints

4 Aug 2010

Law firm and IFAs help orchestrate deluge of complaints against the authorised corporate director of the fund range.

A turn for the worse

2 Aug 2010

Hargreaves Lansdown head of Vantage and broking operations quits

2 Aug 2010

Hargreaves Lansdown managing director of Vantage and broking operations Andrew Christian has left the firm after 19 years.

Evershed lawsuit against Duffield gets go-ahead

30 Jul 2010

New Star whistleblower will get his tribunal hearing.

CarVal exits Lifemark bailout deal

29 July 2010

Government plans to scrap default retirement age from 2011

29 Jul 2010

Employers may no longer be able to force people to retire at 65.

End game

26 Jul 2010

Several Spanish banks set to fail stress tests

23 Jul 2010

Reports that several banks have failed the test to see if they could handle worsening economic conditions.

BP agrees £4.6bn asset sale to fund oil clean-up

21 Jul 2010

Sales in Texas, Canada and Egypt are made to tackle oil spill costs.

Chamberlain: IFAs need confidence to show they merit fees

16 Jul 2010

Succession chief executive says RDR will not stop some advisers “flogging policies”.

L&G's Burgess joins Threadneedle as CIO

15 July 2010

Perspective appoints Andrew Aldridge as marketing manager

15 Jul 2010

Perspective Financial Group has appointed Andrew Aldridge as marketing manager.

UK unemployment falls to 2.47m

14 Jul 2010

34,000 fall in the three months to May.

Osborne may drop pre-Budget report

12 Jul 2010

Chancellor George Osborne is looking at dropping the pre-Budget report from the coalition Government’s roster of economic events.

UK GDP growth stays at 0.3 per cent

12 Jul 2010

The UK economy grew by 0.3 per cent in the first quarter of 2010, according to figures from the Office for National Statistics.

Preference share among three Aviva funds to close

8 Jul 2010

Langridge takes Jupiter emerging market role

8 July 2010

Liontrust scraps global equity team after a year

8 July 2010

Threadneedle duo quit to join RWC

8 July 2010

Charles Wilson quits Lazard for Investec

6 Jul 2010

Lazard Asset Management managing director and head of third party distribution Charles Wilson is leaving the firm to join Investec, Money Marketing can reveal.

Offshore commission ban could cut choice

2 Jul 2010

Product expert warns implementation of RDR could restrict choice.

Asia raised to 30% for Jupiter financial opps

1 July 2010

Clarkson Hill has shares suspended

1 Jul 2010

Clarkson Hill has had its shares suspended on AIM after failing to publish its annual accounts by July 1, 2010.

Jupiter fund manager Laurie Petar dies

1 Jul 2010

Jupiter fund of investment trusts and monthly income manager Laurie Petar has passed away after a long battle with cancer.

Budget could see 1.3m UK job losses

30 Jun 2010

Spending cuts announced in the emergency Budget could lead to up to 1.3m job losses in the UK.

Gerry O’Brien leaves First Complete

30 Jun 2010

First Complete chief executive Gerry O’Brien has left the firm with immediate effect.

RSM Tenon acquires Vantis advisory divisions for £7m

30 Jun 2010

RSM Tenon has acquired Vantis Financial Management as part of £7m deal for its advisory arms.

OFT announces crackdown on cash Isa transfers

29 Jun 2010

Changes in the cash Isa market will see maximum transfer times cut from 23 to 15 days.

SVM UK 100 select fund to rebrand as UK growth

28 Jun 2010

SVM Asset Management is rebranding its UK 100 select fund as UK growth.

OBR forecast too optimistic

24 June 2010

BUDGET: VAT to be increased to 20 per cent

22 Jun 2010

The rate of VAT is to hiked from 17.5 to 20 per cent from Janaury 4, 2011.

Corporate casualties

18 Jun 2010

Tenet launches new service for smaller pensions

17 Jun 2010

Perspective acquires Wingham Wyatt

17 Jun 2010

IFA consolidator Perspective Financial Group has confirmed the acquisition of Wingham Wyatt.

UK inflation falls to 3.4 per cent

15 Jun 2010

UK inflation has fallen to 3.4 per cent in May, down from the 17 month-high of 3.7 per cent in April.

Bestinvest warns L&G pricing rethink will hike up fund costs

10 June 2010

Bestinvest warns L&G pricing rethink will hike fund costs

9 Jun 2010

Founder John Spiers slams L&G for introducing a new pricing structure he says will add more than 5 per cent to some fund costs.

F&C loses commercial property trust contract

9 Jun 2010

F&C has been served notice from the board of the F&C commercial property trust ahead of a proposed merger with Ignis Investment’s UK commercial property trust.

Prudential bosses apologise for failed AIA bid

7 Jun 2010

Chief executive Tidjane Thiam and chairman Harvey McGrath say sorry to shareholders over the AIA deal collapse.

£14bn in the drop zone

3 Jun 2010

Be prepared

28 May 2010

Artemis UK growth fund to add shorting strategy

27 May 2010

Artemis UK growth fund manager Tim Steer is planning to start shorting stocks in his £322m fund next month.

'Rating agencies as helpful as yesterday's weather forecast'

27 May 2010

First State head of global resources resigns

26 May 2010

First State head of global resources David Whitten is leaving the firm after 13 years to take a career break.

FTSE plummets below 5,000 again

25 May 2010

The FTSE 100 fell below 5,000 for the second time in three trading days as fears that the eurozone crisis would spread resurfaced.

Control issues

24 May 2010

Rambourg return fails to rally investors

21 May 2010

Multi-managers want to see if there are further changes on the European desk.

Yearsley surprised at speed of Jupiter float

21 May 2010

Trustnet aids advisers with asset manager factsheets

20 May 2010

IMA says Ucits IV package adds to burden

20 May 2010

Purves and Lance quit Schroders to join RWC

20 May 2010

Fidelity appoints Campbell as head of UK retail marketing

19 May 2010

Fidelity International has appointed former Invesco Perpetual stalwart Alistair Campbell as head of UK retail marketing.

Purves and Lance quit Schroders for RWC

18 May 2010

 Schroders income fund managers Nick Purves and Ian Lance have quit the firm to join investment boutique RWC Partners

Man Group to acquire GLG Partners

17 May 2010

Man Group is to acquire GLG Partners in a deal worth £1.1bn.

Stevens quits F&C after five years

14 May 2010

Eight banks face US investigation

14 May 2010

Eight banks are being investigated in the US over the rating of their mortgage products.

CarVal deal on Lifemark could mean 14-year wait to recover investments

13 May 2010

Four more quit Swip to join Currie emerging team

13 May 2010

Schroders launches second fund on GAIA platform

13 May 2010

Schroders has teamed up with Sloane Robinson to launch a second fund on its Global Alternative Investor Access platform.

Mike Godfrey leaves Bluefin

12 May 2010

Mike Godfrey has quit his role at Bluefin Advisory Services after three years with the firm.

Anja Balfour quits Axa Framlington

11 May 2010

Axa Framlington Japan fund manager Anja Balfour has left the firm following a reorganisation of the Japanese equities team.

Rathbones launches two multi-asset funds

10 May 2010

Rathbones Unit Trust Management has launched two multi-asset funds which aim to produce targeted absolute returns.

FTSE flounders as UK wakes to hung parliament uncertainty

7 May 2010

The strong chance of a hung parliament and falls in both the US and Asian markets saw a sharp fall in the FTSE 100 this morning.

The impact of a hung Parliament for markets

7 May 2010

F&C director of UK strategy Ted Scott says the UK risks losing its AAA rating status if it does not offer a credible plan to tackle the high budget deficit following the election.

Rambourg back with Gartmore as an analyst

6 May 2010

The big spring clean

6 May 2010

Bill Mott - UK economy set for long struggle

4 May 2010

PSigma income manager Bill Mott believes the UK is set for a “tough but not impossible” economy with anaemic growth.

GLG set to close UK alpha select fund

30 Apr 2010

GLG is to close the Ucits III version of its UK alpha select fund on May 5, 2010, after the fund reached its asset target of £195m.

Argonaut Russ wants Euro income sector

30 Apr 2010

Argonaut partner Olly Russ says there are now enough funds in the market to merit the Investment Management Association launching a European income sector.

Europe splits on the north-south divide

30 Apr 2010

GDP rises by just 0.2% in first quarter

29 April 2010

Head of compliance leaves Gartmore

29 April 2010

More fund mergers for Henderson

29 April 2010

Venture trusts double take to reach £340m

29 April 2010

F&C set to acquire Thames River Capital

28 Apr 2010

F&C Asset Management is set to buy investment boutique Thames River Capital in a deal worth up to £53.6m.

Peter Hargreaves to step down as Hargreaves Lansdown chief executive

26 Apr 2010

Peter Hargreaves is to step down as chief executive of Hargreaves Lansdown later this year.

LGT Capital Partners set for Ucits III fund launch

26 Apr 2010

LGT Capital Partners is to launch a Ucits version of its crown managed futures fund.

MC Trustees launch QROPS in Malta

23 Apr 2010

MC Trustees Limited is launching what it believes is the first QROPS based in Malta.

LibDem surge could boost gilt yields

23 Apr 2010

Tenet adds RDR support programme

22 Apr 2010

AWD Chase de Vere aims to add 30 advisers

22 April 2010

Goldman trader Fab removed from FSA register

21 Apr 2010

The bond trader at the centre of the Goldman Sachs fraud case has been removed from the FSA register.

Hargreaves Lansdown Isa sales double

16 Apr 2010

Hargreaves Lansdown new Isa sales double from £412m to £812m.

UK income losing out to global funds

16 Apr 2010

Bolton hails £460m China fund launch

15 April 2010

Morningstar in £12m deal for Old Broad St

15 April 2010

Lib Dems call for ‘Big Bang’ on banker bonuses

14 Apr 2010

The Liberal Democrats have called for a ban on banker bonuses of more than £2,500 as part of their plans to shake-up City pay.

Over-50s bring an Isa boom as sales double

9 Apr 2010

Super charge

9 Apr 2010

Fidelity appoints L&G’s Ben Waterhouse as head of UK wholesale sales

8 Apr 2010

Fidelity has appointed Ben Waterhouse as head of UK wholesale sales.

Gartmore reveals more details on SEC inquiry

7 Apr 2010

Gartmore has revealed that the investigation by the US Securities and Exchange Commission is for a single inadvertent breach made in May 2009.

Bankers press UKFI to issue Lloyds and RBS convertible bonds

7 Apr 2010

Bankers are calling on UK Financial Investments to consider a convertible bond for Government-held stakes in both Lloyds and Royal Bank of Scotland ahead of next month’s election.

New shores

2 Apr 2010

Hargreaves Lansdown suspends Rambourg fund from Wealth 150

1 Apr 2010

Hargreaves Lansdown has withdrawn the Gartmore European absolute return fund from its wealth 150 following the suspension of fund manager Guillaume Rambourg.

IMA urged to add sectors after bringing in offshore funds

1 Apr 2010

Gartmore suspends Rambourg in trading probe

1 April 2010

Consumer Focus group issues super-complaint to OFT over cash Isa market

31 Mar 2010

The Consumer Focus group has issued a super-complaint to the Office of Fair Trading about the poor state of the UK cash Isa market.

Gartmore suspends fund manager Guillaume Rambourg

30 Mar 2010

Gartmore has suspended fund manager Guillaume Rambourg pending the outcome of an internal probe regarding breaches in directing trades.

RDR: FSA investigates platform incentives breach

26 Mar 2010

The FSA says it is currently looking into a potential breach by a firm of its incentives rules.

Perspective acquires Chessman & Partners

25 Mar 2010

IFA consolidator Perspective Financial Group has made its second acquisition in 2010 after buying Chessman & Partners.

BUDGET 2010: AIC welcomes plans to review tax legislation on investment trusts

24 Mar 2010

The Association of Investment Companies has welcomed the announcement that the Government intends to review the tax legislation for investment trust companies.

BUDGET 2010: IMA welcomes plans to improve competitiveness of UK funds

24 Mar 2010

The Investment Management Association has welcomed plans to improve the competitiveness of UK domiciled funds.

IFA network launches new website