MAM Funds is hoping to as much as double the assets in Gervais Williams' Diverse Income trust through a C-share issue.

The UK narrowly escaped a double-dip recession by posting slight growth in the second quarter of the year, according to the latest monthly GDP estimate from NIESR.

Europe's major markets climbed on the first day of trading after Spain was granted a €100bn bailout for its banking sector over the weekend.

Bankers have told Chancellor George Osborne any move by the government to protect savers in the event of a bank collapse would force them to increase borrowing costs.

The single currency strengthened against the dollar today as Spain was granted a €100bn EU and IMF bailout to prop up its banking sector.

This year's charity auction for lunch with Warren Buffett closed last week with a winning bid of $3.46m.

Companies are still 'seriously unprepared' for the FATCA rules which will come into force in January next year, a new survey by Thomson Reuters has revealed.

Sarasin & Partners has expanded its product offering with the launch of two funds of funds, Sarasin Global Equity and Sarasin Global Diversified.

City Asset Management founder Vivian Coghill has passed away following a short illness.

US GDP growth for the first quarter has been revised down in the second estimate from the Bureau of Economic Analysis (BEA).