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Doric seeks £220m to get third aircraft fund off the ground
Doric, the asset manager behind plane funds Doric Nimrod Air One and Nimrod Air Two, is to launch a third closed-end fund.
Investment insights
What our analysis of more than 10,000 manager moves tells us about star exits
In what is likely to be one of the most significant manager moves of the year, Richard Buxton’s exit from Schroders led a string of high profile departures across the City. But what's the secret to success when a star manager departs? We analysed thousands of switches to find out.
Other news
Nationwide: we are not the Co-op!
Nationwide boss Graham Beale distanced the building society from troubled mutual rival, the Co-operative Bank, as he unveiled a small rise in profits and a surge in mortgage lending.
EISs in line for last-minute reprieve from Ucis clampdown
Enterprise investment schemes are not expected to come under the Financial Conduct Authority’s impending ban on the retail sale of unregulated collective investment schemes (Ucis).
Mary Chris Gay ends 25-year Legg Mason career
The manager of the firm's $2.3bn Value fund is leaving after 25 years with the Baltimore-based group.
Government scraps rebate tax for overseas investors
The government is scrapping rebate taxes for overseas investors as part of its bid to boost the competitiveness of asset management in the UK.
Aberdeen pays £30m premium for US boutique in £118m deal
Aberdeen Asset Management has completed the acquisition of US fund manager Artio Global Investors for £118 million.
Edhec-Risk Institute builds series of 'smart beta 2.0' indices
The not-for-profit organisation has launched 30 flagship indices under the ERI Scientific Beta brand with a view to growing this to 100 over the next year, covering a range of strategies, including fundamentally-weighted, style bias and optimal liquidity.
Vanguard boosts ETF range with low-cost product suite
Vanguard Asset Management has launched four exchange traded funds (ETFs) providing low-cost exposure to global equity markets.
Blackrock bolsters real estate offering with acquisition
BlackRock has agreed to acquire MGPA, an independently-managed private equity real estate investment advisory with a foothold in the Asian and European markets.
Miton appoints law guru Davies as non-exec chair
Miton Group has appointed Jim Davies as non-executive chairman of its Liverpool-based subsidiary Miton Capital Partners.
T Rowe Price names new fixed income boss
T Rowe Price International has hired Arif Husain from Alliance Bernstein as head of the firm’s international fixed income arm.
Highlights
Rothschild raids Lloyds for client adviser team
Rothschild has created a new client adviser team with the appointment of Charles Costa Duarte and Jake van Beever to its UK wealth management business.
Carney: Europe faces lost decade unless it follows Japan's 'bold experiment'
Incoming Bank of England governor Mark Carney is urging Europe to take drastic measures to avoid a decade of stagnation.
FTSE dips below 6,800, Lloyds boosted by regulator
The FTSE 100 retreats from a 13-year high as poor retail sales figures highlight weakness in the UK economy

Private Client Manager Retreat: pictures from the final day
Our delegates were offered an insight from David Spiegelhalter, aka Professor Risk, before enjoying a spot of fishing and shooting as proceedings drew to a close.
INVESTMENT TOOLS
CITYWIRE TV
Garrett Fish: what would be even better than the iBond
Giving US companies a tax break on repatriated profits would go down even better than Apple's popular iBond, says the manager of JP Morgan American investment trust.
LGIM Round Table: Bond opportunities against a changing backdrop
With lower returns expected from credit and growing talk of a great rotation and potentially rising yields, bond investors are facing tougher times. The following video highlights current industry thinking on how to continue making money from the asset class.













