Cristian Angeloni

Royal London Asset Management's outgoing head of equities Peter Rutter will receive backing from Australia's Pinnacle Investment Management for his new asset management venture.

Janus Henderson has entered into an agreement to acquire European ETF provider Tabula Investment Management.

Three funds among Aviva Investors’ arsenal of 17 strategies failed to deliver value to investors in 2023.

UK Commercial Property REIT (UKCM) shareholders have overwhelmingly backed the trust’s merger with Tritax Big Box REIT (BBOX).

Triple Point Social Housing REIT (SOHO) has set out intentions to make further portfolio sales this year in order to resume its share buyback programme.

The US economy added 175,000 jobs in April, significantly lower than the 243,000 expected by markets and 315,000 added in March.

Schroders is currently assessing the “future viability” of the £53.8m European Alpha Plus fund after its underperformance dragged on for a sixth consecutive year.

Share buybacks carried out by investment trusts reached a record high in 2023 with 154 portfolios repurchasing £3.9bn, according to data from Winterflood, as discounts continued to widened to levels not seen since the Global Financial Crisis.

The Financial Conduct Authority’s consultation into ‘naming and shaming’ companies under investigation was “valid” and “suitable” for consultation, claimed chair Ashley Alder.

The decision by the Bank of England’s Monetary Policy Committee to keep interest rates at 5.25% for the sixth consecutive time is a sign the central bank is “buying time” for the economic picture to improve, before embarking on rate cuts.