News

The Upper Tribunal has upheld the Financial Services Authority's (FSA's) decision to ban and fine two former UBS advisers £1.3m in relation to an unauthorised trading scheme.

Barclays has put its $6.1bn stake in US fund manager BlackRock up for sale in a surprise move.

Support provider SimplyBiz has launched a discretionary fund management service through its asset management arm Verbatim.

A fifth of large employers plan to use the National Employment Savings Trust to complement existing pension schemes, research reveals.

Skandia Investment Group (SIG) has warned fund management groups which have integrated risk-rated tools into existing multi-asset propositions they are in danger of ‘misleading' investors.

Corporate bonds have staged a significant recovery in 2012, according to the latest figures from Cofunds.

Standard Life Investments (SLI), has been appointment by Danish financial services company Nykredit to manage an €80m and growing segregated European corporate bond portfolio.

Despite recent declines, Barings Investment believes Russia's debt free status, low levels of borrowing and attractive equity valuations will underpin long term investment prospects.

Bank of England policymaker Adam Posen will step down from the Monetary Policy Committee (MPC) on 31 August when his three-year term comes to an end.

An increase in bond and money market funds was the key development in the latest investment sales and asset data from the European Fund and Asset Management Association (EFAMA).