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Threadneedle Investments has launched a long-only multi-asset fund for manager Toby Nangle, targeting equity-like returns with lower volatility.
A roundup of some of the best analyst commentary on shares, also including ITV and SDL.
The UK government has “interfered” in the running of the part-nationalised banks in a manner that is “clearly not acceptable”, a parliamentary review has concluded.
HM Revenue & Customs has been forced to halt a £31 million tax avoidance probe after one of its own investigators was arrested on suspicion of wrongdoing, according to reports.
The Serious Fraud Office is preparing to press ahead with the first criminal prosecution for alleged Libor-rigging in Britain.
Morningstar OBSR’s investment services director Peter Toogood and head of investment consultancy Gill Hutchison are leaving the firm, Wealth Manager can reveal.
Lyxor Asset Management has partnered with hedge fund group TIG Advisors for the has launch of an arbitrage strategy fund.
After announcing he will hand Fidelity China Special Situations to Dale Nicholls, Anthony Bolton said he would work tirelessly to turn the trust around over his final nine months in charge, adding the Chinese market had been more frustrating than he had anticipated.
(Update) Neil Woodford, Invesco Perpetual's UK head of investments, has been awarded a CBE for services to the economy.
Brown Shipley has promoted two from its London team, as part of a drive to pick up new international, sports and media clients.
The Prudential Regulation Authority said the Co-operative Bank needs to add £1.5 billion to its buffer against losses, and will hold the bank to its plan of generating the bulk of this sum in 2013.
Through the deal Harrington Cooper will distribute the Indus Capital (Hong Kong) Dublin domiciled range, which includes the top performing Indus Select Asia Pacific fund.
(Update) The fund group saw assets under management double over the 12 months to the end of March and chief executive John Ions said the divi is a 'statement of intent'.
Prince Rupert Loewenstein, who is credited for transforming the financial fortunes of the Rolling Stones, is among the names behind new London-based family office Holbein Partners.
Our quarterly Wealth Manager survey shows a majority of readers have already taken equity risk off the table with index-neutral managers back at Q4 2012 levels.
The Serious Fraud Office has charged Tom Hayes, a former trader at UBS and Citigroup, for attempting to defraud in connection with the manipulation of Libor.
Citywire Scotland: pictures part 3 - taking on Turnberry golf course
As proceedings drew to a close, delegates were put in the 'zone' by guest speaker and sports psychologist to the Great Britain Olympic team Dr Steve Bull, before hitting the championship golf course at Turnberry.
Andrew Lilico of European economics aimed to put to bed misconceptions about the problems in the continent as he took the stage at Citywire Scotland in Turnberry.
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.