Markets

Schroders' head of UK equities Richard Buxton has been buying Standard Chartered on its dramatic share price falls this week, ignoring the market's "frenzy of panic" over the stock.

Liontrust is to launch low-cost share classes aimed at wealth managers across Jan Luthman and Stephen Bailey's Macro fund range, as part of an administration change which will also see the group drop Capita as its authorised fund manager.

China's inflation level fell to a 30-month low of 1.8% in July, continuing to tumble as the global slowdown takes hold.

In its latest quarterly inflation report, released today, the Bank of England has muddied the waters somewhat on its plans for further stimulus, leaving pundits wondering if a rate cut is on the cards.

Schroders' Virginie Maisonneuve has been focusing on the consumer sector within her global equity funds as a play on the US economic recovery.

The Bank of England has cut its forecast for economic growth this year to almost zero and has predicted inflation will be below target in the medium term.

Skandia has set out its unbundled charging structure, claiming it will result in a 0.37% platform charge for its typical customer.

The Bank of England (BoE) is set to cut economic growth forecasts to almost 0% for this year, amid a deepening double-dip recession.

Old Mutual Wealth Management is set to unveil its plans for RDR-compliant fund pricing on its platform, and is preparing to boost its offering in the risk-rated funds and DFM space with a revamp of its product range.

Jessica Harper, a former head of security at Lloyds Banking Group, has admitted carrying out a £2.4m fraud.