The spot price of gold climbed by over 1% to $1,655 an ounce as the Federal Reserve said it is likely to ease monetary policy soon unless there is a sharp change in economic data.
Ignis grew its IFRS operating profit for the first half of 2012 to £19m, compared to £18m during the same period last year, despite difficult trading conditions and continued investment in the business.
Sanlam Investments and Pensions, part of the Sanlam UK, has launched a range of risk rated socially responsible investment portfolios (SRIs).
Barings has hired Christopher Mahon from RMB Asset Management to replace Toby Nangle, Investment Week, IFAonline's sister title, understands.
Former Architas multi-manager Richard Philbin has joined Hampshire-based asset manager Hasley Investment Management.