US-based manager Brandes Investment Partners has launched an emerging market equity fund which will take a multi-cap strategy using value analysis of companies in a typical 60-75 stock portfolio.
The fund has been seeded by the group and draws on its experience of running emerging market equity strategies since 1994. Brandes currently manages around $4bn (£2.6bn) in the sector in either direct...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.