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Kleinwort Benson has completed its acquisition of Close Offshore Group.
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LVAM has launched a US equity income fund that targets a yield of 150% of that of the S&P 500.
AllianceBernstein has launched a fixed income fund which aims to tap into Chinese economic growth.
The BCC says UK interest rates will rise “at a faster rate than previously envisaged”.
Brewin Dolphin has purchased Irish asset manager Tilman for a total consideration of up to £31.5m
Threadneedle’s David Donora says large cap miners’ capex levels are giving him pause for thought.
The FSA has issued a warning to investors in a pair of Connaught Income Funds.
Brooks Macdonald Asset Management has hired Robert Seifert from Cheviot AM to its London operation.
European fund industry AUM continued to recover from the global financial crisis last year.
Retail investor redemptions from developed market equity funds have hit the highest level in a year.
The IMA’s sector classification review has polarised industry opinion.
The IMA is to rename the Active Managed, Balanced Managed and Cautious Managed sectors.
