News

Business secretary Vince Cable has warned interest rates may have to rise to hold back a "raging housing boom" in London and the south-east.

Prusik Investment Management co-founder Heather Manners has outlined three forward-looking Asian themes she expects to drive returns for her portfolio in 2014 and beyond.

The government will permit the transfer of cash saved in now-defunct child trust funds (CTFs) to junior ISAs.

Aegon UK is to buy Novia Investment Services Limited (NISL) from parent Novia Financial in a deal which brings its platform development business in-house, Investment Week can reveal.

Jupiter's Rhys Petheram is to take over the fixed income portion of the group's £540m High Income fund from Ariel Bezalel next year.

The UK economy grew by 0.8% in the third quarter, confirming previous estimates, the office for National Statistics (ONS) has announced.

J.P. Morgan Asset Management has hired Andrew Larkin, formerly head of strategic partnerships at Neptune, as it refocuses its sales team on its most important clients.

Hargreaves Lansdown co-founder Peter Hargreaves has donated close to £1m in company shares to charity.

Old Mutual Global Investors is to launch a multi-asset range, offering a range of risk and return profiles, in February next year.

Brooks Macdonald has signed an option agreement to acquire Levitas Investment Management for up to £24m.