Fund managers have been clamouring to add banks, including RBS and Lloyds, to their portfolios ahead of a rate rise from the Bank of England.
Henderson Global Investors has seen another period of record net inflows of £5.6bn during the first half of the year to 30 June, bringing the total assets under management for the group to £82.1bn.
How will history judge Martin Wheatley after he stands down from the FCA? Realistically, history will not even remember him. It barely remembers any of his predecessors at the variety of regulators since the Financial Services Act came into force in 1986....
Man Group saw $2.6bn of net outflows during the first half of the year, largely driven by redemptions from the group's long-only portfolios including GLG's Japan CoreAlpha strategy, but performance fees helped profits jump 89%.
UK GDP increased by 0.7% in the second quarter of 2015, according to the Office for National Statistics' initial reading, the tenth consecutive quarter of positive growth.
Brevan Howard Asset Management senior economist Dr Gertjan Vlieghe is to join the Bank of England's Monetary Policy Committee as of September.
I would like to introduce a brand new term called 'false trough spotting'. As a paid-up contrarian, it is my duty to find an asset class that is troughing in price and then declare it as a 'bottom fishing' opportunity.
Insurer RSA has topped the FTSE All Share leaderboard this morning after rival Zurich Insurance confirmed it is considering a bid for the company.