Economics

J.P. Morgan Asset Management has launched a fund aiming to outperform inflation and deliver returns across inflationary cycles.

Smith & Williamson is to launch a global government bond fund for manager Chris Lynas this month.

BP was one of the biggest losers in early trading as investors sold shares in the oil major following a disappointing update.

London's blue chip index was in negative territory this afternoon, snapping a four-day winning streak as eurozone concerns once again came under the spotlight.

The Financial Services Authority (FSA) has launched a three-month consultation on establishing a £100m consumer redress scheme for Arch Cru investors.

Investec Asset Management has moved to close three of its African focused funds owing to a lack of client demand for the strategies.

Shares in Aberdeen Asset Management led the FTSE 100 leaders board this morning after the group saw profits climb 14%.

Sir Nigel Rudd, the former Citigroup banker, is in the running to become the next chairman of Prudential.

Hargreaves Lansdown co-founder Peter Hargreaves has seen his personal wealth fall by nearly £200m in the last 12 months, according to the latest Sunday Times Rich List.

Laxey Partners was dealt a fresh blow in its bid to overhaul Alliance Trust today, as around 80% of shareholders voted against the activist investor's proposals at the trust's AGM.