Markets

Japanese investors have reacted with muted enthusiasm to a sweeping election victory by Shinzo Abe's Liberal Democratic Party.

The UK government is considering divesting £5bn of its stake in Lloyds Banking Group as early as September this year, according to reports.

Ben Bernanke, the chairman of the Federal Reserve, has said he does not understand gold prices or why investors hold it during certain economic environments.

A number of ‘buy' signals are now flashing for some emerging market assets despite longer-term headwinds, according to strategists at Bank of America Merrill Lynch.

Dalton Strategic Partnership's Luca Vaiani has been forced to increase cash to over 30% in his multi-asset fund as most assets in the portfolio posted negative returns in June.

Brewin Dolphin is reviewing the service it offers clients with less than £50k in assets under management.

Anthony Wolfe has joined David Jane's multi-asset boutique Darwin Investment Managers to drive asset growth.

The International Monetary Fund (IMF) has renewed its calls on the UK government to do more to boost the economy, but chancellor George Osborne has received support for his austerity programme from member countries.

Chairman Ben Bernanke tried to reassure markets the Federal Reserve would not step away from supporting a weak economy in his testimony to US Congress yesterday.

Neptune's Felix Wintle has been rotating his portfolio into domestically-focused US equities as he predicts names linked to the consumer will power the economic recovery.