Credit Suisse is to pay fines of $2.6bn (£1.6bn) after pleading guilty to helping US clients evade tax.

Five global property value picks for 2014

The FCA has said it will not issue further guidance on inducements, despite growing calls to do so from fund groups.

Old Mutual Wealth reported a more than doubling of net flows in the first quarter of 2014, buoyed by its WealthSelect fund panel.

Some of the UK's biggest bond and absolute return funds are shorting short-dated government bonds and buying into long-dated debt in what is being dubbed the ‘curve flattener' trade.

The industry's most concentrated funds have comfortably beaten their more conventional rivals over all time periods, new data has revealed.

An independent Scotland would face a "capital flight" if it did not retain the pound, according to analysts at Deutsche Bank.

Cofunds is set to list Neil Woodford's equity income fund next month, but will not offer advisers access to the manager's discounted share class.

Ruffer managers Hamish Baillie and Steve Russell (pictured) have bought into ‘old tech' stocks, mirroring a trade executed by a number of technology funds in the last month.

Former New Star bond manager Phil Roantree has joined Morningstar as a fixed income investment analyst.