artemis

Today Invesco Perpetual revealed Neil Woodford, the most famous fund manager in Britain, is leaving next year to launch his own business.

A number of UK equity income managers have begun building positions in Lloyds Banking Group as the lender prepares to return to the UK dividend register.

Anti-capitalist protesters campaigning against the G8 summit in London forced some fund groups to instigate protocols which saw fund managers work from home today.

Artemis has poached Richard Pursglove from Goldman Sachs Asset Management to head its retail business.

Artemis has appointed Henderson's Paul Casson to work alongside Tim Steer, amid a reshuffle at the group which has seen Stephen Yiu exit.

Artemis Investment Management has waived initial charges across its fund range, which includes high profile vehicles such as Adrian Frost and Adrian Gosden's £620m Artemis High Income fund.

As advisers digest last week's revelation that top UK fund manager Richard Buxton is to exit Schroders after more than a decade at the group, attention is now turning to where to invest next.

HOT MONEY

Skandia has agreed terms with Artemis and Invesco Perpetual to add its funds to its restricted panel launching next year.

Moody's has stripped France of its AAA rating as Artemis' William Littlewood becomes the latest fund manager to turn more negative on the country.