Social media giant Twitter has filed preparatory documents to the US regulatory for an initial public offering (IPO).

A group of MPs will next year evaluate the impact of the Retail Distribution Review (RDR) - with a particular focus on the ban on commission - in what represents the first independent, external probe into the RDR's influence.

Allianz Global Investors (Allianz GI) has cut its staff numbers by 150 as part of a strategic overhaul of the business.

The Investment Management Association (IMA) has created two new regulatory affairs director roles as part of a restructure to help the trade body meet its strategic priorities.

Flows into multi-asset products have been growing consistently in recent months, and multi-asset now constitutes 11% of the UK funds market.

Baring Asset Management has appointed James Ross to the newly created London-based role of director of investment process.

Wealth managers have been shifting assets out of fixed income and into property as the unloved sector comes back onto investors' radar.

The Investment Management Association (IMA) has unveiled the results of its review into the fixed income sectors, including the creation of a new global emerging market (GEM) bond category.

Firms are not expecting a return to the "equity culture" seen in the 1990s, according to research conducted by the Investment Management Association (IMA).

The International Monetary Fund (IMF) has renewed its calls on the UK government to do more to boost the economy, but Chancellor George Osborne has received support for his austerity programme from IMF member countries.