UK

One of the most frequent assertions by fund managers across the UK investment press over the last year has been that, while the domestic economy may be set for anaemic growth, UK companies are set to fare a lot better.

ON UK INCOME

British taxpayers stand to make a £5bn profit from insuring the toxic assets of RBS and Lloyds, despite not yet having paid a penny.

FUND MANAGER FOCUS

Henderson's Stephen Peak, one of the largest shareholders in Gartmore, believes investors who have continued to flee the troubled asset manager will be proved wrong over the long-term.

Spanish banking giant Santander is planning to list its UK operations on the London Stock Exchange as soon as this autumn in a deal worth an estimated £3bn.

Schroders takes an in-depth look at the US financial reform and explains why it is likely to result in a stable banking and financial system.

Investec's Alastair Mundy has sold out of Lloyds in his £1.57bn Cautious Managed and £344m UK Special Situations funds on fears the group runs the risk of becoming a ‘zombie bank'.

Neil Woodford's Invesco Perpetual has threatened to shun UK renewable energy companies unless regulators increase the returns available to investors and provide greater certainty over future policy.

BP has begun to offload assets aimed at raising cash to pay for the Gulf of Mexico disaster, agreeing the $7bn sale of fields in the US, Canada and Egypt to Apache.