Economics

Aberdeen has reported a worse than expected £11.3bn outflow for the six-month period to the end of March despite a rise in revenues over the period.

Lloyds Banking Group has boosted the FTSE 100 this morning but politically-sensitive sectors have begun to feel the bite of election season.

The Federal Reserve has dampened suggestions of a mid-2015 interest rate hike after weak GDP figures suggested the US recovery has lost momentum.

US economic growth saw a sharp slowdown in the first quarter of the year as a strong dollar hit exports, and bad weather hampered consumer spending.

Sterling and gilt yields have dropped after an initial UK GDP estimate showed growth slowed more than expected in Q1.

Assets under management at wealth manager St. James's Place (SJP) have passed the £55bn mark as pensions and ISA flows offset a drop in other investment business.

Henderson Global Investors is to sell its 40% stake in TIAA Henderson Real Estate for £80m, as its trading update revealed AUM grew by 10% in Q1.

Do markets fare better under Labour or Tories?

Global economic growth could be described as modest at best, so the implications of Greece defaulting on its debt and potentially exiting the EU do not bear thinking about, says Investment Quorum's Peter Lowman.

The productivity conundrum