Equities

Investment boutique Dominion Fund Management has launched a global trends product, designed to capitalise on the growth of ten specific global sectors.

Moody's will strip the US of its AAA rating if a deficit reduction deal is not struck in Congress, it has warned.

New European ‘banking union' proposals risk the ire of the UK's biggest banks as they could give EU officials broader powers over the City of London.

Chief executive officer and chairman of Legg Mason Mark Fetting is to step down on 1 October.

Henderson is launching a European high yield bond fund for fixed income duo Stephen Thariyan and Chris Bullock.

Global equities manager Wes McCoy has rejoined Standard Life Investments after taking a break from the industry.

SVM's Colin McLean has revamped the mandate of the £4m UK Emerging Fund plc and sold half the stocks in the portfolio, following the departure of manager Donald Robertson.

Shares in luxury brand retailer Burberry today dropped nearly 20% after it announced profits will be at the lower end of forecasts this year.

Barclays' new boss Antony Jenkins has vowed not to break up the bank by axing its investment banking operation.

Shares across the globe fell overnight as renewed fears about Germany's likelihood of approving rescue plans plagued investors once again.