News

Millionaires cite their three biggest financial regrets as not having a financial plan, not reviewing investments regularly and, finally, taking on too much debt, according to research released today.

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

The incoming governor of the Bank of England (BoE) may introduce more quantitative easing and attempt to devalue the pound, the world's biggest bond fund manager predicted yesterday.

Reading-based IFA, Beaufort Asset Management, has made four senior appointments to strengthen its advisory team.

Ucits have enjoyed a surge in demand in the first quarter of 2013, according to the latest statistics from the European Fund and Asset Management Association (EFAMA).

PROTECTION

Japan's Nikkei 225 has suffered its second huge fall in a little over a week after the index closed down 5% overnight.

Outgoing Bank of England governor Sir Mervyn King is to appear on BBC Radio 4's Desert Island Discs on Sunday.

Richard Philbin, the former F&C and Architas multi-manager, has teamed up with the founder of Skandia's Best Ideas range Alan Durrant to launch a new multi-manager business.

Lloyds Banking Group is to sell its loss-making international private banking business to Swiss bank Union Bancaire Privée (UBP).