The heavy sell-off in the US treasury market over the past two months could force the US Federal Reserve to postpone its plans to begin reducing its asset purchase programme, according to Henderson's John Pattullo.
Japanese equities gave up nearly 200 points overnight as the Bank of Japan (BoJ) disappointed the market by opting to keep its monetary policy unchanged, failing to address concerns over bond market volatility.
Troy Asset Management has launched an offshore mirror version of its popular Trojan Income fund, after it soft-closed the onshore portfolio last month.
Invesco Perpetual’s Neil Woodford, manager of the group’s £25bn suite of UK income products, has described his heavy underweight position to the mining sector as one of the biggest drivers behind his outperformance over the past year.
Allianz Global Investors has launched a high conviction European growth fund for Thorsten Winkelmann and Matthias Born.
F&C Asset Management has reported a £1.5bn net outflow for the first quarter of 2013 as strategic partner withdrawals offset improved retail flows.
UK fund industry association the IMA has decided not to modify its sector rules governing fixed income funds’ currency exposure, it is reported.
UK dividend growth suffered a setback in the first quarter of 2013, falling 25% year-on-year, according to Capita Registrars.
Graham Glass has joined City Financial to spearhead the group’s fixed income operations, as the firm looks to build up its product range in this area.
Hedge fund manager Man Group has posted a $2.7bn outflow for the fourth quarter, taking total assets down to $55bn.
First Trust Advisors is planning to open up its $4.6bn enhanced index fund range to the UK market, taking on the likes of BlackRock and Vanguard in the ETF space.
Invesco Perpetual’s Neil Woodford has sold his position in Voadafone, a former favourite in his two large income funds.
London’s leading share index is on course to record its best January performance since 1998, despite fears the UK economy could fall into a triple-dip recession later this year.
The ‘great rotation’ out of fixed income and into equities is pushing funds’ assets towards maximum capacity, which could result in top-performing funds soft-closing in the coming months.
UK manager L&G Investments' managing director of investments Simon Ellis has left the firm.
F&C Investments has launched the first capital protected RDR-compliant share class in the UK for its Lifestyle range and other multi-manager funds run by Gary Potter and Rob Burdett.
Ian Porter has joined Sanlam Private Investments (SPI) in the newly created position of head of wealth management, as the firm looks to grow its presence in the UK retail market.
Warren Buffett has pumped a $2bn stake into solar energy, with the veteran investor acquiring two power plant projects in California from solar firm SunPower.
The price of risky assets is approaching pre-crisis levels, with investors putting a greater degree of risk on the table in Q3 despite a weakening economic outlook, according to the Bank for International Settlements (BIS).
M&G reported a record level of net inflows in the third quarter of £6.4bn, bringing total inflows to £11.3bn for the first nine months of the year, a 329% rise from 2011.
Neptune founder and CEO Robin Geffen expects global growth to accelerate over the next six months, and said consensus views on China are too bearish.
F&C Investments has overhauled its fixed income arm, with six members of the team - including fund manager Fatima Luis - exiting the business.
Marlborough Fund Managers is poised to acquire BNP Paribas' ACD business in the UK in a deal which will substantially enhance its presence in the marketplace.
The UK's main inflation rate has fallen to 2.2% in September from 2.5% in August, dropping to its lowest level for three years.
City Financial has bought the asset management arm of Eden Financial in a move to bolster its UK equity, fixed income and multi-asset presence.
The UK Financial Services Authority (FSA) has fined Swiss-based French hedge fund manager Stefan Chaligné £900,000 and handed out a lifetime ban for market abuse.
BNP Paribas has gained regulatory approval to launch a Ucits compliant European structured product, aiming to generate an 8% return per annum.
Jupiter has hired Maarten Slendebroek from BlackRock as an executive director, to spearhead the group's distribution strategy as the business gears up for the post RDR-world.
Boston-based Fidelity Investments has promoted Abigail Johnson, the daughter of the firm's CEO Edward "Ned" Johnson, to head up the company's financial services business.
Fidelity Worldwide Investment has handed its £1.1bn Japan Advantage fund to Mark Buffett as Ron Slattery steps down from fund management due to family circumstances.
Standard Chartered chief executive Peter Sands last night strongly rejected claims from US regulators the UK bank helped Iran launder as much as $250bn.
First State is planning to launch a Worldwide Sustainability fund for David Gait later this year, according to reports in Investment Week.
The former head of JPMorgan Cazenove, Naguib Kheraj, has emerged as one of the frontrunners to succeed Bob Diamond as chief executive of UK bank Barclays.
UK based Alliance Trust Investments has closed down three funds and announced a number of redundancies as chief executive Katherine Garrett-Cox overhauls the business.
Sam Vecht, head of BlackRock’s emerging Europe equity team, has upped his weighting to Russia by 15% in recent months, on the view the country's equity market could significantly re-rate.
Old Mutual's Paul Feeney has been handed wider responsibility at the group after being appointed CEO of the wealth management division.
A wide-ranging report from the UK's Centre for Policy Studies has called on fund managers to provide an estimated annual return figure for clients to improve transparency.
Fidelity’s Ian Spreadbury has said he is short German interest rate risk in the view that the eventual move towards a 'eurobond' solution will cause yields to rise.
US and Asian markets retreated overnight as optimism over the Spanish bailout fizzled out, to be replaced once again by contagion fears.
UK manager Smith & Williamson Investment Management has promoted Robert Royle to co-manager of the group's £82m North American trust, alongside Lady Tana Focke.
Leading asset managers are calling for drastic reform at the Investment Management Association (IMA), the UK's asset management trade body, with some arguing it should no longer be responsible for sector names or definitions.
First State's joint managing partner Angus Tulloch is stepping back from his role to concentrate solely on fund management.
LGIM’s European fund manager Gavin Launder has been promoted to head of European equities at the group.
Alliance Trust Investments has poached SWIP bond manager Juan Valenzuela to head up a new fixed income fund.
Standard Life Investments has hired former Threadneedle EMD head Richard House to lead its drive into the emerging market debt space.
Franklin Templeton’s emerging market heavyweight Mark Mobius has blamed the flood of initial public offerings (IPOs) in emerging markets during 2010 for EM stocks’ underperformance last year.
London-based F&C Asset Management has reported £7.2bn of net outflows for 2011, during a tough year for the group as activist investor Edward Bramson seeks to turnaround the firm’s fortunes.
Fidelity FundsNetwork has become the first of the fund supermarkets in the UK market to confirm it will offer investment trusts ahead of the Retail Distribution Review (RDR) implementation.