Markets

M&G has reported a rise in UK retail outflows for the first quarter, and acknowledged the outlook for future flows remains "uncertain".

Troy Asset Management is to take over from Taube Hodson Stonex (THX) as manager of the Electric & General global equity fund.

The FTSE 100 has risen almost 1% this morning to retake the 7,000 level, as all sectors except materials enjoy gains.

Hargreaves Lansdown entered the top five groups by net retail sales in the first quarter following a spate of multi-manager launches, according to the latest Pridham report.

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.

Investors are moving out of frontier markets and in to global emerging market vehicles, including BRIC funds, to capture a reversal in their fortunes.

Caspar Rock, the head of Architas multi-manager, and Lawrence Gosling, editorial director of Investment Week, discuss why using alternative assets as a diversifier in their income-generating multi-asset funds is a key point of difference for the group's...

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

Royal Bank of Scotland (RBS) has set aside extra cash to cover litigation costs, helping drive it to a loss in the first quarter.