Commodities

Barclays is to announce the creation of a 'bad bank' next week with the aim to transforming its struggling investment banking arm, according to reports.

Sarasin has scrapped the performance fee and reduced the annual management charges on its AgriSar fund as it prepares to rename the vehicle.

BlackRock has cut the annual management charge (AMC) on its Natural Resources Growth & Income fund after a review of its pricing.

ETHICAL

Tumbling commodities prices have hit equity markets this morning, driving the FTSE 100 into the red for a fourth consecutive day.

Russian shares dropped to a five-year low yesterday, weighing on global markets, while the gold price jumped as the Ukraine crisis intensified.

The gold price has rebounded off lows seen at the end of last year, having endured one of its worst ever years in performance terms, but is the rally about to run out of steam?

COMMODITIES

Asset under management in gold exchange-traded products (ETP) almost halved during 2013 as gold prices dived, driving investors out of the asset class.

Gold is on course to record its worst year for more than three decades following huge falls over 2013.