Investment General

Investors should switch out of equity income offerings from Axa's George Luckraft and Jupiter's Tony Nutt following underperformance, according to Principal Investment Management.

Investors have been left trying to steer their own way through the financial turmoil of the past year as advisers fail to regularly review customers' investments, research suggests.

Global financial services group Religare Enterprises has approved a $1bn commitment for strategic investments in diversified asset management businesses globally, and approved an initial strategic investment in US-based private equity firm Northgate Capital....

Independent investment banking advisory firm Evercore Partners has acquired key assets of the Private Funds Placement Group of Neuberger Berman.

The WAY Group has brought the management of its funds in-house, ending an eight year relationship with FundQuest.

The Iveagh Wealth Fund, run by Iveagh Private Investment House, the Guinness family office, has been awarded a Standard & Poor's AA fund rating, just 14 months after the fund launched.

Despite ongoing economic turbulence and market volatility almost half of investors (44%) are bullish in their outlook for 2010, according to research.

Scottish Widows Investment Partnership (SWIP) is spending to scoop up some of the world's least popular assets.

Investors are less positive on the outlook for returns in 2010, with the numbers planning to invest falling by almost 50%, according to the IMA.

Standard & Poor's has awarded four HSBC Global Asset Management tracker funds an AAA rating, including the recently merged American Index portfolio.