News

A vehicle linked to hedge fund manager John Zwaanstra, a former protégé of George Soros, has emerged as the mystery buyer of a 5% stake in Gartmore.

The decision to cut Ross Hollyman's global equity team, which ran less than $1m of internal money, has cost boutique manager Liontrust £781,000.

Tony Maddock, the head of wholesale at SWIP, is moving to Lazard Asset Management to lead the group's third party distribution.

The FTSE 100 has fallen 1.2% this afternoon as eurozone debt fears and reports of hostilities between North and South Korea continued to dent investor sentiment.

Life insurers are ‘living in the dark ages' and stigmatising HIV positive clients meaning their needs are not being met, according to research.

The Consumer Protection and Markets Authority (CPMA) must have more power than its FSA predecessor, including the right to ban particular products, Hector Sants told ministers today.

Dan Waters is to step down from his role as director of conduct risk and asset management sector leader, with Christina Sinclair taking over on an interim basis.

Financial life planners involved in Project Eve are looking to reverse perceptions of financial services and improve confidence in the sector.

Work Capability Assessments (WCA) for those claiming Employment and Support Allowance (ESA) are to be made ‘fairer' and ‘more effective' following an independent review.

Invesco Perpetual head of investment Neil Woodford is warning investors to not get overly carried away by the China growth story, believing the burgeoning country still faces "huge challenges".