Former Apollo partner Tom McGrath has joined Caplain Capital to take the role of chief investment officer.

The US' two main markets climbed to record highs on Thursday, driven by better than expected jobs data.

The Retail Distribution Review (RDR) has resulted in a small number of gatekeepers at financial adviser firms, investment platforms, discretionary and wealth managers steering more money into fewer, bigger funds, new research has suggested.

Standard Life Investments (SLI) announced today it has completed its takeover of Ignis Asset Management following regulatory approval.

US authorities have hit French bank BNP Paribas with a giant $8.9bn (£5.2bn) fine for breaking trade sanctions.

Chris Rice and Tim Russell have annnounced the fundraising for their first offering through new firm Sanditon Asset Management was oversubscribed.

Nick Train has outlined the main themes which affected the performance of his Lindsell Train investment trust over the last year, noting a 'flight to quality', technological change, and India all impacted the fund in different ways.

Threadneedle has expanded its fixed income fund range with the launch of an offshore global fund for Alasdair Ross.

UK Consumer Prices Index (CPI) inflation fell in the year to May, after the previous month saw its first climb in 10 months.

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