M&G Investments head of retail fixed income Jim Leaviss is to hand his highyield corporate bond fund to Stefan Isaacs to focus on M&G’s new UK inflationlinked corporate bond fund.
What a baptism of fire Sanjeev Shah has had since he took over the Fidelity special situations fund in January 2008. First, he replaced Anthony Bolton, a household name and one of the UK’s finest fund managers. If this wasn’t enough, he then had to contend with the biggest financial crisis the world has seen […]
Barclays president and chief executive of corporate and investment banking Bob Diamond will replace John Varley as the bank’s chief executive next March.
With Chancellor George Osborne interviewing candidates to run the Office of Budget Responsibility, City headhunter John Purcell, founder of Purcell & Co, on why IFS director Robert Chote seems the ideal man for the job
Cater Allen Private Bank – Annual Locked-In Defined Return Plan 1
Johnson Fleming employees have raised more than £400 for their chosen charity of the year, CLIC Sargent, with a series of fundraising events.
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The FCA and the Insolvency Service have signed a new deal to crackdown on misconduct after firms collapse. Directors at firms that are collapsed or under investigation are facing tougher measures under the terms of the ‘memorandum of understanding‘, which will see the FCA and the Insolvency Service sharing more information in an effort to […]
Charles Stanley Direct has become the latest company to shun Neil Woodford’s flagship Equity Income fund from its list of preferred holdings. Charles Stanley’s Foundation Fundlist is a 54-strong set of the firm’s “highest conviction investment ideas” across active, passive and investment trusts covering major sectors. The LF Woodford Equity Income Fund had been on the […]
Ftse100 pension plans have made it back into the black for the first time in more than 10 years, a new analysis shows. Schemes back by the UK’s largest 100 listed business posted a combined £4bn in accounting surpluses as at the end of last year, according to an accounts trawl by consultants Lane Clark […]