The Bank of Japan has made the shock decision to boost the bank’s monetary easing programme
Group profits rise 26 per cent during the quarter.
Philip Matthews has managed the £1.5bn Schroder UK Alpha Plus fund since Richard Buxton’s departure for Old Mutual in October 2013.
The board of the British Assets Trust (BAT) is seeking shareholder approval to replace F&C with BlackRock as manager of the £485m mandate.
Legal & General is slashing the cost of 16 trackers, taking it neck and neck with Fidelity for some funds.
Extra £170m held against future PPI compensation.
Funds under management at St James’s Place Wealth Management hit a record high at £49.1bn in Q3.
Doug Heron takes up the role of CFO in January and will be responsible for overseeing finance, risk and compliance at the platform provider.
The SFO has launched a criminal investigation into the accounting irregularities at Tesco that battered its latest half-year profits.
Thesis Asset Management has launched a range of model portfolios offering exposure to both funds and direct securities.
Aviva Investors has added fund manager Xiaoyu Liu to its emerging markets and Asia Pacific equities teams.
Money was in charge of the Global Climate Change strategy and the Schroders Global Resources funds and has been with the firm since August 2010.
Assets under management and fee revenue pushed higher by purchase of asset manager.
Ex-Schroders UK Opportunities fund manager Julie Dean is joining former Cazenove colleagues Tim Russell and Chris Rice at Sanditon Asset Management
Alliance Trust Investments increased assets under management by 3 per cent to £2.26bn in the third quarter of 2014 up from £2.2bn in the second quarter.
Regulator plans to restrict the distribution of Cocos and mutual shares to sophisticated or high net worth investors.
Threadneedle Investments is reducing the fees on its Managed funds range and adding a new share class for investors using a platform.
Fidelity Worldwide Investment UK marketing head Rob Fisher has left the firm after almost 14 years’ service.
Guinness Asset Management has launched a Ucits version of its top-performing Global Innovators strategy.
Wealth manager Walker Crips has appointed Ian Amiee as investment manager.
UK All Companies funds shed £852m last month – the largest out flow ever, according to IMA sales figures.
Cru founder Jon Maguire is to launch a residential property fund through his new venture, Swayagain.
Toby Jameson-Till joins from C. Hoare & Co.
Lombard Odier Investment Managers has launched a long-short absolute return fund aiming to grind out returns in today’s uncertain markets.
The Investor Forum – a lobbyist for “long-termism” in investment markets – unveiled its board and structure today, two years after it was recommended in the influential Kay Review.
Angela Lauder was jailed for 16 months in November 2013 after she stole £158,666 from clients.
Swayagain is promoted as a firm which provides services such as raising capital, business development and marketing.
ETF Securities has launched a fund tracking the global robotics industry as it continues to add niche products to its line up.
FCA rules which came into force in June have banned the use of dealing commission money to gain face time with company management.
Axa Wealth grew its assets under management by 10 per cent to £27bn in the year to 30 September.
Advisers must understand the limitations of risk-profiling tools to avoid compliance risks.
The eurozone crisis will continue for some time despite the worst being over, according to the latest report from Standard & Poor’s.
Old Mutual is looking to merge its £437m Old Mutual Property fund into the £2.25bn Henderson UK Property fund.
Tesco’s half-year profits have plummeted 92 per cent while its accounting black hole grew to £263m.
Premier has hired ex-Barclays Wealth director Paul Freeman and his former team of six wealth managers to launch a South West office.
Aberdeen-based Midas Financial Solutions is being investigated for offering unregulated short-term investments.
JPMorgan Asset Management’s Jasper Berens says the industry is not currently well positioned to deal with the implications of the pension reform.
FinaMetrica has launched a risk-profiling system aimed at helping advisers cater for smaller investors.
A £100,000 investment into an average UK Equity Income investment trust 20 years ago would have more than doubled in value.
Brooks Macdonald’s discretionary assets under management grew by almost 2 per cent in the three months ended 30 September to £6.68bn.