Blackrock income team buys Barclays
Blackrock UK equity income duo Adam Avigdori and David Goldman have introduced Barclays to their Income and Growth investment trust, taking the total allocation to banks to 9.9%.
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RBC Wealth Management beefs up relationship team
RBC Wealth Management has made a senior hire to its London-based relationship management team.
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Investec launches bond fund for rising interest rates
Investec Asset Management has said it is seeking to capture outflows from gilts and UK corporate bonds as it launches an Oeic version of its Global Total Return Credit Sicav for UK advisers and wealth managers.
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Jupiter promotes duo for corporate bond fund
Jupiter Asset Management has appointed Harry Richards and Adam Darling as co-managers of the £143m Jupiter Corporate Bond fund, effective from 1 May.
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Quilter makes senior hire in adviser network
Quilter has appointed Jenny Granner operations director of its adviser network Intrinsic ahead of its rebrand under Old Mutual Wealth’s managed separation.
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Private equity firm invests £7.5m in FE
FE is set to expand its European footprint following a £7.5m investment from private equity firm Hg Capital.
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LGIM gets green light for Brexit plans
Legal & General Investment Management (LGIM) has got the green light for its Brexit plans for European Union clients from the Irish regulator.
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Wealth managers expect ESG strategies to flourish
Two thirds of professional investors expect to allocate more money to ESG strategies in the next three years, Royal London Asset Management has found.
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Neptune hires bonds heavyweight after raft of manager exits
Neptune Investment Management has nabbed industry heavyweight Theodora Zemek for a newly-created senior fixed income role after a number of fund manager exits over the last two years.
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Man Group’s gender targets underwhelm shareholder activist
Man Group’s response to gender pay concerns has been described as underwhelming by Shareaction.
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Mark Dampier: ‘Give Woodford at least three years’
Hargreaves Lansdown’s Mark Dampier is backing the struggling Neil Woodford for at least another three years, saying all good active managers have bad times.
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Gina Miller pans FCA fine for Barclays boss
Gina Miller has panned the response of the UK regulator to Barclays’ chief executive Jes Staley over a breach of the whistleblowing code.
