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M&G hires HSBC AM high yield specialist for bond team
M&G Investments has beefed up its fixed income team with the hire of Andrius Isciukas from HSBC Asset Management.
Investment insights
Can Japanese easing sustain the high yield party?
The relative strength of the high yield market has come as a surprise to many, given its low absolute yield on a historic basis. Yet some investors argue the sector has even further to go.
Other news
Martin Gilbert steps down as FirstGroup chair amid shareholder unrest
Martin Gilbert is to step down as chairman of transport firm at 17 years in the role as it launches a £615 million rights issue to help clear its mounting debt.
JP Morgan Private Bank hires SAM Capital Partners' Kennedy
JP Morgan Private Bank has hired SAM Capital Partners Andrew Kennedy as its senior private banker for its UK team.
Polar Capital launches financials trust for ex-New Star man
Polar Capital is launching a trust designed to take advantage of the improved conditions in the financials sector for former New Star manager Nick Brind.
The Expert View: Babcock, Petrofac and Pearson
A roundup of some of the best analyst commentary on shares, also including Invensys and Centaur Media.
Asian shares surge on upbeat US consumer sentiment data
Tokyo Electric Power Co. led Japanese utilities higher, with the Topix Index rising 1.3% to 1,270.
3i's turnaround: Don't pop the champagne just yet
The £3 billion fund's net asset value is up and costs are down, but 3i Group could have done better, analysts have said.
Rathbones replaces Close on multi-million pound Scottish Life mandate
Rathbones has replaced Close as the manager of a multi-million pound global equity mandate, run on behalf of Scottish Life.
Prudential pay plans rejected by one in 10 shareholders
Almost 12% of Prudential investors have opposed Prudential’s director pay policy at its annual general meeting.
Five stocks powering this AA-rated duo's UK mid & small cap fund
An insurer and a housebuilder are among the firms helping Herme's Citywire AA-rated David Stormont and John Leahy deliver stellar performance.
Thomas Miller Investment bolsters board
Aberforth Smaller Companies trust director Paul Trickett has joined the wealth firm's board.
Highlights
Deutsche wealth arm hit by raft of London & South East exits
Sean Taylor, Deutsche Asset & Wealth Management’s head of financial intermediaries for London and the South East, has left the company along with five colleagues from the team.
Fund managers may be forced to put 50% of bonus in own funds
Fund managers could be forced to put half of their bonus into their own funds under new rules being drawn up by Brussels.
FTSE extends highs as Easyjet soars
Budget airline Easyjet leads the FTSE 100 to new five-and-a-half year highs after good results from rival Ryanair.
Private Client Manager Retreat: picture gallery part 2
Wealth managers took some time out to digest a fascinating insight into the world from Odey's asset allocation guru Tim Bond, before settling down to dinner at the Four Seasons in Hampshire.
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CITYWIRE TV
Garrett Fish: what would be even better than the iBond
Giving US companies a tax break on repatriated profits would go down even better than Apple's popular iBond, says the manager of JP Morgan American investment trust.
LGIM Round Table: Bond opportunities against a changing backdrop
With lower returns expected from credit and growing talk of a great rotation and potentially rising yields, bond investors are facing tougher times. The following video highlights current industry thinking on how to continue making money from the asset class.