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Aberdeen to stem flows into £9bn emerging market range
Aberdeen Asset Management is stemming flows into some of its Global Emerging Markets funds run by Devan Kaloo to prevent soft-closure.
AXA’s Peirson targets US growth
AXA Framlington’s Richard Peirson has moved his focus away from emerging markets to line up with UK-based companies benefiting from growth in the rebounding US economy
Xstrata and Glencore merger talks fail to lift FTSE
(Update) Markets propped up by decline in US jobless claims and comments from US Fed chair Ben Bernanke that the economy is improving.
FTSE starts February on a high as China lifts mood
Chinese manufacturing data comes in stronger than expected and investors continue to put their money in equities.
Aviva Investors seeks to reassure IFAs over retail future
Aviva’s fund management arm Aviva Investors has sought to reassure IFAs that it is not completely withdrawing from the UK retail market in the wake of yesterday’s announcement that it would scale back its operation at a cost of 160 jobs worldwide.
Don’t let volatility dampen chances in equities and gold
Against a backdrop of volatility and the prospect of a rolling eurozone break-up, the positive investment stories this year are likely to be in equities and gold, write Philip Saunders and Max King of Investec Asset Management.
Outsourcing Investment: Why Cresswell Cadenhead & Co uses Brooks Macdonald
For Mike Cresswell, managing director of Cresswell Cadenhead & Co, Brooks Macdonald’s major appeal is its ability to focus on the needs of the adviser.
Schroders eyes Reits for new US Income Maximiser
Real Estate Investment Trusts in the US are offering a tremendous yield and could form a significant part of a US Income Maximiser fund.
Curling takes over Jupiter IT fund on Harrington departure
Management of the Jupiter Fund of Investment Trusts will be handed to Richard Curling (pictured), after the departure of Patrick Harrington, who was managing the £100 million fund.
FTSE rises on Greek deal hopes
European leaders agree on 'fiscal compact', while numbers from ARM Holdings and BSkyB provide a further boost.