News - Investment
John Clougherty is joining Fidelity Worldwide Investments as head of the wholesale business, IFAonline's sister title Investment Week understands.
JM Finn & Co has inked a deal with Lawrence Miller & Co which will see it provide the Cwmbran-based IFA with investment management services via the Ascentric wrap.
Support provider SimplyBiz has launched a discretionary fund management service through its asset management arm Verbatim.
Other News - Investment articles
Bank of England policymaker Adam Posen will step down from the Monetary Policy Committee (MPC) on 31 August when his three-year term comes to an end.
Taxpayers face a £2bn loss from bailing out Northern Rock but it should be seen as a the price paid to secure 'financial stability', the National Audit Office (NAO) has said.
Former Close Asset Management executives have launched a property and tax planning investment management business called TIME Investments.
Vanguard Asset Management has launched its first UK exchange-traded fund range with a five-strong offering of physical ETFs.
Offloading the taxpayer stakes in Royal Bank of Scotland and Lloyds Banking Group could take years, the Treasury select committee was told yesterday.
Goldman Sachs Asset Management (GSAM) has identified four markets it expects will post stellar growth over the next decade, potentially rivalling BRIC nations.
Richard Saunders, chief executive of the Investment Management Association, is to step down at the end of 2012.
Former Barclays chief John Varley is no longer in the running for the top job at the Bank of England, Investment Week understands.
Fund groups are scrambling to develop risk-rated propositions ahead of the RDR deadline at the end of this year, with major houses including Jupiter planning how to enter the space.
Investec Asset Management is the latest group to launch a range of clean share classes ahead of the year-end RDR deadline.
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