FTSE 100 reshuffle sees British Land ejected
It is being replaced by engineering firm IMI
It is being replaced by engineering firm IMI
The fund manager also reported net outflows of £32m
Reports say headhunters have already begun the search
The company also makes changes to cash management
Bank of England still expected to raise rates further
The firm’s CIO for multi-asset strategies, EMEA, answers our questions
Appointment comes as Jim Wood-Smith retires
The new offering will be managed by James Salter and David Mitchinson
FUM fell 4.5% to £61bn due to unfavourable market movements
Assets under management dropped by 10% to £129.3bn
The proportion of people out of work in the UK has risen to 3.9%
The MPC lifted the base rate by 0.25% to 4.5% today, as expected