Towers Watson and Threadneedle Investments’ parent company are among the bidders circling Russell Investments, the US asset manager being sold by the London Stock Exchange Group. The FT reports an auction process for the business is now in the second round. Russell Investments has $273bn (£177bn) in funds under management and is expected to be […]
UK investment firm RWC Partners has hired 15 staff from Miami-based hedge fund Everest Capital for its new emerging, frontier and Asia equity business. John Malloy and James Johnstone, who left Everest in March to be emerging markets managers at RWC, will jointly lead the new team. Most of the team will be based in the firm’s […]
The Bank of England has confirmed the base interest rate will be held at 0.5 per cent for the 74th consecutive month. The Bank’s Monetary Policy Committee has also voted to keep the quantitative easing programme at £375bn, a level that has been maintained since July 2012 when it was increased by £50bn. The Bank’s […]
Artemis co-founder Mark Tyndall is stepping aside as senior partner to take a non-executive role on 31 December 2015. Tyndall will remain a partner at the investment manager and retain “a substantial stake” in both the partnership and the funds that Artemis manages. Tyndall founded the business in 1997 with fellow ex-Ivory & Sime funds managers […]
Welcome to the latest update for The Brunner Investment Trust PLC from the Trust’s portfolio manager, Lucy Macdonald.
- Top trends
News and expert analysis straight to your inboxSign up