F&C Asset Management has cut its exposure to equities for the first time in three years, reports this morning's Daily Telegraph .
Chief investment officer at Insight Investment, Abdallah Nauphal has been appointed deputy chief executive.
More than a third of parents spend up to £5,000 a year on their adult children, according to research by Insight Investment.
UK workers who put off starting retirement investing until their 35th birthdays risk spending the first 15% of their working day for the rest of their working lives just to build up a retirement income equal to two-thirds of current average income.
Sandy Black is leaving his role as head of European equities at Deutsche and moving to Insight Investment next month to head up its equity management committee.
When Swiss bank UBS stuck its neck out in the last quarter of 2003 to declare the Bear market was officially over, more than a few sniggers were heard around the City.