Jupiter Fund Management saw a net outflow in Q4 following the loss of a segregated mandate and closure of its Split Capital trust.

UK consumer price inflation has fallen to a 15-year low of just 0.5%, driven by plunging oil prices.

Charles Stanley Group's chief financial officer James Rawlingson has left the business, handing his responsibilities to Ben Money-Coutts.

Investment Week publisher Incisive Media has agreed a refinancing deal which sees private equity firm Alchemy Partners take a majority stake in the business.

James Sullivan's new venture Coram Asset Management has launched a trio of funds as his former Miton co-manager Martin Gray joins the business.

Beleaguered supermarket Tesco is planning a cost-cutting drive which will see it cancel its full-year dividend, close stores, and appoint a new UK CEO in a bid to reverse its fortunes.

Lombard Odier's Swiss equities specialist Patrick Huber has joined Mirabaud Asset Management as the firm bolsters its large-cap desk.

Old Mutual International has completed a rebrand of its business, dropping the historic Skandia brand, and has outlined plans for a new researched fund range following the acquisition of Quilter Cheviot.

The European Securities and Markets Authority (ESMA) has released its final technical advice on the implementation of MiFID II, covering the use of dealing commission, derivatives, and high frequency trading.

The government's privatisation of the Royal Mail was underpriced by £180m, a report commissioned by Business Secretary Vince Cable has suggested.