The Investment Management Association (IMA) has responded to the FCA's concerns over outsourcing arrangements across the industry by producing a set of principles it expects members to adopt and adhere to.

The IMA has launched an online review tool for the Targeted Absolute Return sector designed to help advisers and consumers find and compare funds.

Smith & Williamson has appointed Morgan Stanley's Michael Pagliari as investment management partner, its fourth hire in the investment management division in the last two months.

The IMA UK Equity Income sector saw net retail outflows of £298m in October, according to data released by the IMA today, making it the worst selling sector on the month.

Equity funds in most regions may have enjoyed strong capital growth so far in 2013, but the ongoing hunt for yield means equity income strategies are still sharing the limelight.

Yields on ten-year US treasuries could climb as high as 5% as the Federal Reserve brings its quantitative easing programme to an end, according to Old Mutual Global Investors' Stewart Cowley.

ING Investment Management has appointed two new senior portfolio managers to its emerging market debt team.

The price of Brent crude oil has fallen as much as $3 per barrel, following a deal between Iran and other major world powers on nuclear activities.

Neil Rogan has taken a seat on the board of the Murray Income trust.

Threadneedle has partnered with the social investment arm of the Big Issue to launch the Threadneedle UK Social Bond fund.