'Ruling out any investment is intellectually lazy'

Alliance Trust may find inertia its most powerful weapon in the attempt to fight off Elliott Advisors' proposals for change at the company.

Former Signia Wealth director Martin King has joined Tilney Bestinvest to lead its investment management division.

Hargreaves Lansdown is extending is multi-manager range with the launch of an Asia and emerging markets vehicle at the end of this month.

Labour will close the 'non-dom' tax loophole should it come to power in May, party leader Ed Miliband is set to announce later today.

Hermes' Geir Lorde has said he is building his exposure to energy as valuations in the out-of-favour area are looking increasingly attractive.

Henderson's Simon Hillenbrand has said the group is looking to emerging markets and global equity income as key areas of focus for its five-year growth strategy.

ING Investment Management has rebranded to NN Investment Partners after its parent company listed it as part of a wider IPO last year.

Elliott Advisors has increased its voting stake in Alliance Trust in the run up to the trust's annual general meeting later this month.

Newcastle Building Society chief executive Jim Willens has been appointed chairman of Brown Shipley.