News

Manchester based Mamucium Capital Management has launched offering what it calls a "new model" of investing based on the "science of capital markets".

Bond fund manager John Anderson is set to leave J.P. Morgan (JPM) after being told his future at the group remains uncertain.

National IFA consultancy LEBC has teamed up with provider Standard Life (SL) to offer a packaged auto enrolment solution for small and medium-sized employer clients.

The Money Advice Service (MAS) has appointed former Life Trust Holdings CEO Andy Briscoe as its chairman.

Aegon UK has appointed ex-Skandia marketing director Nick Dixon as investment director.

Royal London has completed the acquisition of the Co-operative Banking group's life insurance and asset management businesses.

Jupiter has reported net mutual fund flows of £426m for the first half of 2013 despite the Retail Distribution Review (RDR) "dampening" UK business.

Lloyds Banking Group is back in the black after announcing a profit before tax of £2.1bn for the six months to the end of June - and said it is on course to target IFA clients orphaned by the Retail Distribution Review (RDR).

The Federal Reserve last night indicated it has no plans to tone down its quantitative easing programme in the near future, arguing the US economy is not in a strong enough position to turn off the liquidity taps.

The ongoing lack of innovation demonstrated by structured product providers could lead to stagnating sales volumes within as little as a year.