Share buybacks carried out by Venture Capital Trusts (VCT) will no longer qualify for tax relief from April 2014, the government has said.
Aviva Investors has hired Mark Versey, chief investment officer at Friends Life, as its new director of client solutions.
Managers and fund buyers have begun rotating out of UK mid- and small-cap stocks in anticipation of a mega-cap resurgence.
Canada Life Investments has launched five risk-rated multi-asset portfolios for the UK retail market.
Legg Mason's Bill Miller is struggling to find the ‘extraordinary' value in the US he did last year, and said equity markets could rise even higher in 2014.
Kames Capital plans to launch its first ever Property Authorised Investment Fund (PAIF) for retail investors in the first quarter of the coming year.
Sterling rose against the US dollar in morning trading after the second reading of the UK's economic growth rate confirmed an increase of 0.8% in the third quarter, in line with analysts' expectations.
Rathbones' veteran income investor Carl Stick on price risk, asset quality, and the importance of protecting on the downside.
Ignis Asset Management has launched an Absolute Return Emerging Market Debt fund for Dan Beharall in a move to expand its absolute return product range.
The Financial Conduct Authority (FCA) is reviewing gold benchmarks as part of a probe into how global rates are set, according to reports.