A graffiti artist is set to make $200m from the Facebook IPO after he opted for shares instead of a cash payment for his work in the head office seven years ago.
Investment Week |
02 Feb 2012
Schroders’ Sonja Laud has warned investors are facing a global yield crisis, and she expects cash to flow out of government bonds and into equities in the hunt for dividends.
Investment Week |
24 Jan 2012
Bank of America shares surged almost 6% on the opening bell on Wall Street after the bank posted net income of $2bn for the fourth quarter of 2011, despite its investment banking arm booking a loss.
Investment Week |
19 Jan 2012
Yahoo! shares look set to rise when Wall Street opens today following the resignation of co-founder Jerry Yang.
Investment Week |
18 Jan 2012
Neptune’s Felix Wintle has been adding to national and regional banks in his £464m US Opportunities fund, cutting technology and energy stocks after a strong run.
Investment Week |
17 Jan 2012
US stocks climbed overnight on upbeat economic data and a successful Spanish bond auction, lifting investor hopes of the fabled year-end 'Santa Claus rally'.
Investment Week |
21 Dec 2011
Barclays was among six global banking groups to be downgraded by Fitch last night, with the ratings agency pointing to challenging financial markets.
Investment Week |
16 Dec 2011
Baring Asset Management has hired Matthew Whitbread to work on the multi-asset team in Boston.
Investment Week |
08 Dec 2011
Schroders’ Jenny Jones has increased cash in her £824m US Mid Cap fund to 9%, warning valuations in US markets are favouring large caps.
Investment Week |
05 Dec 2011
Standard & Poor’s has downgraded a raft of US and UK banks including HSBC, Barclays, and Goldman Sachs following an overhaul of its ratings criteria.
Investment Week |
30 Nov 2011
Newton's Simon Laing has joined Invesco Perpetual as head of US equity fund management.
Investment Week |
24 Nov 2011
Fund managers in the US equity income space are favouring stocks in the consumer sector despite slower consumer spending seen in the past month.
Investment Week |
24 Nov 2011
