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Fidelity and Henderson head FE fund performance rankings

Fidelity Investments and Henderson Global Investors have emerged as the "winners" in the latest individual fund manager rankings by performance analysts FE, with 10 managers at each company making the grade.

End of the line for work phones and BlackBerrys

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JP Morgan, Deutsche Bank and Citigroup among those encouraging employees to use their personal devices

Smart beta gets cheaper: Fees down 90% in five years

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US managers may cut charges for new products to 3bps in 2016 and Europeans are also making reductions

LSE finalises launch date for midday auctions

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Exchange group's delayed UK equities initiative, first mooted in 2014, to go live in March

Italian lower mid-market private equity firm's vehicle is set to be closed at its upper limit six months after launch

Allianz GI chief says high cost bases nothing new

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Co-head Andreas Utermann points to experience of managing high cost bases as his group prepares to integrate Rogge Global Partners

Deal for €34 billion manager will broaden Allianz Global Investors' fixed income offering

Partners Group: Six calls for the next six months

Swiss alternatives investor outlines its thinking on where the opportunities lie in private equity and other private market asset classes

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Global head of agency clearing and collateral management is to pursue a new opportunity, according to memo

Railways scheme recruits three for in-house build-out

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One of the UK’s largest pension funds is reinforcing its commitment to grow internal staff and take greater control of its investments

Lehman Brothers still with us in spirits, via Scotch whisky

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Lehman Brothers is gone, but anyone wanting to savour the distinct taste of financial ruin that its name evokes has ways to do so. With a dram of Lehman Brothers Scotch, say.

Letter From Jerez: Time is against this town and its most famous product

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Global sherry consumption is dwindling and in winter this part of Spain wakes up in the dark

Brexit debate in dire need of serious long-term thinking

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From the start the UK has been half-hearted about EU membership and paid little heed to what the relationship is for

Credit Suisse CEO asks board to cut his bonus

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Tidjane Thiam: 'I cannot demand sacrifices from others and not make any myself'

Bridgewater heir apparent in talks to give up co-CEO role

The presumed heir apparent to Bridgewater Associates founder Ray Dalio is discussing giving up his job as co-chief executive of the world’s biggest hedge fund, creating uncertainty about the future leadership of the firm.

Bankers yearn for ‘noble purpose’ – so regulation will be relaxed

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Institutions believe ‘demonstrating cultural change’ will be to their benefit, and the Wall Street banks are behind even on that

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