City Financial

UK managers have called into question domestic equity valuations, saying recent landmark events should act as a warning sign for investors.

Former Morningstar OBSR employees Peter Toogood and Gill Hutchison are to join City Financial next month.

Ed Rosengarten, head of UK asset management at City Financial, is to leave the firm.

City Financial is to merge its Multi-Manager Income fund with the Global Multi-Strategy fund, subject to unitholder approval.

BIG QUESTION

BIG QUESTION

BIQ QUESTION

City Financial's Leigh Himsworth has sold out of Brooks Macdonald and switched into Ashcourt Rowan, following a run up in the price of shares in the former which has left them at 'expensive' levels.