Amundi bolsters fixed income presence in US
Amundi has hired a new head of international high yield bond management for its fixed income management centre in the US.
United Kingdom
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UK GDP growth slows
The United Kingdoms economy grew by 0.5% in the final quarter of 2014, down from 0.7% the previous three months.
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M and G sees 1 1 bn of UK outflows
M&G Investments has seen retail net outflows from its UK business of £1.1bn during the year to the end of the third quarter, it reported today.
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Old Mutual Wealth drops platform minimum fee
Old Mutual Wealth has announced it is scrapping the current minimum charge on its platform from 1 January.
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Schroders bolsters London NY property teams
After bringing the investment management of the global property securities funds in-house, Schroders has fill newly-created analyst roles in the team.
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MPC still split on rate hike
The Bank of England monetary policy committee is still split seven-two on whether the UK interest rate needs to be raised, minutes released today show.
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Aviva bolsters multi-asset team
Aviva Investors has added a number of people to bolster its multi-asset team.
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Kames heads up Aegon high income fund launch
Kames Capital is to run the latest product launched by Aegon which aims to help investors take advantage of new pension flexibilities.
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Brooks Macdonald grows FUM 28pc
Brooks Macdonald Group saw a 28% upswing in discretionary funds under management in its full-year results ending 30 June.
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PA OPINION An open letter to Scotland
A London-based financial publication, we have strong links with Scotland. However, its clear to us that, from a financial services perspective, a No vote has to be the best outcome.
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Threadneedle Davis joins Polar Capital for launch
Polar Capital has hired hired Nick Davis to head the launch of a Pan European fund later this year.
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FC cuts back European equities
F&C Investments has cut back on European equities in favour of emerging markets stocks on worries over economic performance in the Eurozone.
