Investment

How big a risk to bond market liquidity is Bill Gross' shock exit?

Sanlam International Investments is to significantly increase its stake in boutique FOUR Capital in order to work more closely with the business.

RBS expects to "significantly outperform" its estimates for dealing with impaired loans in 2014, according to a trading update.

Tesco has created £2.5bn in credit reserves as senior management seek to deal with a £250m accounting error, falling shares, and the potential for ratings downgrades.

Eight staff members have been dismissed by Lloyds following an investigation into the LIBOR rate fixing scandal that saw the bank fined £218m.

St James's Place has dropped PIMCO's team as manager of its multi-asset fund as part of a number of changes to its investment range.

PIMCO's Dan Ivascyn has been named as Bill Gross' successor following the legendary bond investor's resignation, but three other managers will take over the $221bn Total Return Bond fund.

The recent sell-off in high yield means opportunities in the 'rising stars', housing, and building materials sectors, explains PIMCO's deputy CIO Mark Kiesel.

Dividend growth will continue to disappoint the market unless some 'financial alchemy' comes in to play, explains Charles Luke from the Murray Income trust.

Brazil faces increasing uncertainty in the run-up to its election following the death of opposition leader Eduardo Campos last month.