Shares in taxpayer-backed Lloyds Banking Group soared to a five-year high yesterday amid speculation the government is poised to start selling its stake.
The board of the Aberdeen All Asia investment trust plans to change the mandate of the vehicle to Japan-only and raise additional equity.
Nordea's new North American All Cap fund has left competitors in the shadows in the last year, outperforming many rivals in the IMA North America sector thanks to the performance of some key holdings.
Verizon Communications is expected to come to market tomorrow with the largest ever corporate bond sale, which will aim to raise $20bn.
Jupiter's James Clunie plans to avoid making big calls on the state of the global economy as he assumes control of the £337m Jupiter Absolute Return fund.