Economics

Old Mutual Global Investors has confirmed it has hired Schroders star Richard Buxton as its new head of UK equities, with the manager set to run a UK Alpha equity fund.

Outgoing Bank of England(BoE) governor Sir Mervyn King said last night the pound is now "properly valued" in a move to halt its slide.

The collapse of debt burdened firms that were bought up by private equity companies before the financial crisis could pose the next major risk to the stability of the UK's economy, the Bank of England has warned.

Threadneedle's head of US equities Cormac Weldon considers how far along the road to recovery the US really is, as well as which sectors will support and benefit from the economic revival.

Cherry Reynard examines whether the global equity rally can be sustained...

Shares in Home Retail Group and Ocado - two of the most shorted stocks in the UK equity market - have leapt this morning after a pair of well-received announcements.

Central banks are pursuing domestic priorities and are not engaged in competitive devaluation, a senior Swiss economist told delegates at the recent FX Invest conference.

Germany's second largest bank Commerzbank slid as much as 14% today after it said it will sell €2.5bn to repay the government and insurer Allianz amid a company restructure.

Goldman Sachs has forecast the FTSE 100 could reach 7,200 within the next 12 months - a new record high for the market.

Britain is on track for a triple-dip recession, one of the nation's leading forecasters has signalled, as new figures on the UK's manufacturing industry dealt a blow to recovery hopes and sent sterling crashing to a fresh two-and-a-half year low.