Equities

The Organisation for Economic Co-operation and Development has made a sharp cut to its forecast for UK growth in its latest interim economic assessment.

SVM's Donald Robertson has resigned from the group he co-founded back in 1990.

Fidelity's Sanjeev Shah has revealed a series of short positions in miners, coupled with a spate of M&A activity and a play on the banks, have lifted his fund into the top quartile in the last year.

UK shares were once again lower this morning, extending yesterday's sharp losses as falls in Asia overnight impacted confidence.

Saracen Fund Managers has acquired the mandate to run the Bloxham Global Equity Income fund, as part of a plan to merge it with their own Global Income and Growth fund at the end of the year.

Shares in Royal Bank of Scotland led the FTSE 100 lower in early trading after MPs criticised the bank over its IT failure in June.

Managers are increasingly concerned about the future resilience of UK dividends as payouts hit record levels and a slowing economy prompts the need for companies to reallocate capital.

Berry Asset Management has unveiled a lower cost investment proposition in preparation for the Retail Distribution Review.

Investors are preparing for a sell-off in equities if policy action in the US and Europe fails to be aggressive enough.

Gold miners and their peers helped push the UK's leading index higher today, enjoying gains as precious metal prices rose.