Thomas Miller hires Adam & Company director Baikie
Thomas Miller Investment has hired Adam & Company associate director Scott Baikie to bolster its private client business.
Aviva Investors hires Lloyds' market strategy chief to head rates team
Charlie Diebel will be responsible for collaboration between the emerging market debt and developed market rates teams.
Henderson acquires Old Mutual's £437m property fund
Old Mutual Global Investors (OMGI) is to merge its £437 million Property fund into the £2.3 billion Henderson UK Property fund.
FTSE falls as Unilever adds to retail woes
Weak third quarter figures from consumer goods giant Unilever and a fall in consumer spending add to the caution over the UK economy.
FCA plans to ban and fine adviser £290k over 'reckless' fund advice
The FCA intends to ban and fine former financial adviser Paul Reynolds £290,000 after he ‘recklessly’ recommended high-risk investments
River and Mercantile sees £500m net inflows in Q3
River and Mercantile assets under management rose by 6% after net inflows of £500 million in the third quarter.
Tesco's chairman quits after profits dive 92%
Tesco has ditched any attempts at giving full-year guidance on its performance after revealing that its accounting black hole is larger than expected at £263 million, leading profits down 92%.
Lloyds to axe 9,000 jobs
Lloyds Banking Group is to axe 9,000 jobs as part of a three-year plan to cut costs and move more services online.
The Expert View: Whitbread, Senior & Home Retail
Our roundup of analyst views on stocks, including Spirit Pub Company and Travis Perkins.
Overnight Markets: Wall Street retreats amid drop in oil prices
Biogen Idec fell 5.4% after sales of its multiple sclerosis drug, Tecfidera, fell short of lofty expectations.
JPM’s Negyal: Back divis to temper EM volatility
Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.
WMR: Why Russia will lose this war
Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .
Profile: 'new normal' now is as dangerous as when it was applied to tech
7IM's CIO Chris Darbyshire says he has been re-energised by his new role, but has little time for 'new normal' doom-mongers
Profile: The adviser that tempted Robin Minter-Kemp on board
It is rare to meet an impassioned individual who is willing to bang the drum for investment advisory right now