Investment

'Investors should expect nothing from bonds’

The majority of Scotland has voted to stay as part of the UK, with the 'no' campaign taking 55% of the vote, but how did this look on the ground?

Neptune Investment Management's profits before tax fell by over 40% in 2013, against a backdrop of falling assets under management, after a difficult year for its global investment approach.

Shares in the UK climbed in early trading as investors awaited the result of the Scottish referendum on independence.

An independent Scotland would result in its economy struggling for at least ten years, a poll of leading fund managers has said.

The US dollar has hit multi-year highs against a basket of currencies as investors take a hawkish view of the latest finely-balanced set of communications from the Federal Reserve.

Vanguard's head of European institutional business Simon Vanstone has died aged 53, the company has said.

AXA Wealth is to launch a list of around 100 favoured funds in the mould of Hargreaves Lansdown's Wealth 150, to help advisers "cut through the noise" of fund selection and focus on funds with a record of outperforming.

L&G is to merge away its underperforming L&G Equity and L&G UK Active Opportunities funds in mid-November.