Adviser jailed over swindle
A Derby-based financial adviser has been sentenced to two years and four months in jail after conning two elderly clients out of nearly £300,000 ($511,000, 375,000).
Bonds
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Hermes launches new credit fund
Hermes Fund Managers has launched a new absolute return credit fund.
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Hong Kong starts legislative debate for new
Lawmakers in Hong Kong have started to debate details of a bill which is expected to establish an Insurance Authority next year as part of a major reform of the insurance industry.
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Nomination underuse costing clients
Advisers lack of knowledge about offshore bond nominations in the UK may be costing clients a significant amount of value.
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Swimming upstream
Manager of the M&G Optimal Income Fund, Richard Woolnough, discusses why he is bucking the recent bearish trend on the bond market, visiting but not living in equities and how he would deal with interest rates if he found himself running a central bank.
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EU elections not expected to trouble markets
Results of European elections under way today are very unlikely to cause major disruption in markets, fund managers have said
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Five income funds boosted by Budget changes
Fund and wealth managers are still trying to understand the impact of the pension changes George Osborne made in his recent Budget. Richard Romer Lee suggests five funds that are already ahead of the game for those who need an ongoing supply of income.
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Lord Abbett expands global offering with three
Independent US investment manager, Lord, Abbett & Co, has launched three new Irish-listed fixed income funds in a bid to grow its global footprint.
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Asian bonds strongest growing asset class Investec
As western investors grow older, so asset allocators are going to need to go further afield for yield
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silk invest and bramer partner to launch
Silk Invest has partnered with Bramer Asset Management to launch a pan-African bond fund.
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Oddo launches European flexible bond fund
Oddo Asset Management has launched a flexible bond fund mainly invested in issuance from European investment-grade companies.
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Pimco ceo steps down
Fixed income giant Pimco has announced chief executive Mohamed El-Erian will leave the company in March‚ to be replaced as CEO by chief operating officer Douglas Hodge‚ who has been with the firm since 1989.