The managers of the Ruffer investment company have warned that markets and banks are unprepared for a future crisis, while investors are facing higher risks than ever before as liquidity dries up.

Quilter Cheviot has completed a comprehensive reorganisation of its executive team, five months after it was taken over by Old Mutual Wealth.

The manager of a table-topping biotechnology trust has said careful use of the closed-ended structure has enabled him to outperform, including holding half of his assets in just five stocks.

Martin Currie Pacific trust's shareholders have agreed to rename the company Martin Currie Asia Unconstrained trust, as it moves away from commitments to invest in Japan and Australia.

J.P. Morgan Asset Management (JPMAM) is eyeing the Channel Islands market to support the next growth stage of its 23-strong investment trust range.

TwentyFour Asset Management's UK Mortgages investment trust has raised £250m during its initial public offering.

Shares in RBS fell by over 2% this morning as it emerged the bank could be hit by a $13bn bill relating to the way it dealt in mortgage bonds before the credit crisis, a US court has warned.

Sterling-denominated bonds saw their worst quarter on record in Q2 of 2015, amid a fierce sell-off in German bunds and escalating worries over upcoming rate increases.

Janus Capital has acquired fixed income asset manager Kapstream Capital, in a move which sees Bill Gross gain a co-manager on his Unconstrained Bond fund.

Hermes has appointed Patrick Marshall as head of private debt and CLOs, as it looks to develop its offering in the area.