BNY Mellon Asset Management has confirmed it will be launching an unconstrained global fixed income fund into the UK market on 9 April 2009.
Mike Kirsch, CEO of AWD Chase de Vere, is to leave the firm after two years following a restructure.
Nine people have been arrested on suspicion of mortgage fraud worth around £40m.
Interest from buyers has increased for the fourth straight month, according to the Royal Institution of Chartered Surveyors' (RICS) UK housing market survey, with 20% more surveyors reporting a rise than a fall in new buyer enquiries in February.
Warren Buffett said yesterday that the US economy had "fallen off a cliff", describing the current crisis as "an economic Pearl Harbor" as concern spread about the US Administration's fitful attempts to halt the collapse of the American banking sector,...
Wealth managers and banks helped the FTSE recover from an early scare in trading on Tuesday.
Friends Provident is set to offload its stake in F&C to its shareholder base after failing to find a buyer for the asset manager.
Schroders has launched an investment education programme called Navigator, designed to provide focused investment training for professional advisers.
When I entered the field of retirement income in the late 1970s we had a pensions industry that was the envy of the world.
The final key independent Icelandic bank to fall after the country's financial meltdown in October is being shut down by Iceland's financial authorities.