Investment

The recent £23bn fine for Reynolds American could be a sign that tobacco sector is due to face another era of battling lawsuits. But if CEOs keep their houses in order, investors will stay hooked on tobacco stocks argues Miton's US manager Nick Ford....

Liontrust shares have dropped sharply after CEO John Ions sold down more of his stake in the company.

UK equities manager Philip Hardy has left FOUR Capital Partners after less than a year.

Argentina defaulted on its debt payments late last month after talks between a group of bondholders and the country collapsed, but it is not the only emerging market which looks vulnerable to a financial shock.

Fund selectors have begun to move away from ‘dogmatic' equity funds that favour either growth or value investment approaches to focus on more balanced equivalents.

Allianz Global Investors has brought its US small cap growth strategy to the UK via the launch of a new fund.

Brooks Macdonald Asset Management has partnered with Berkshire-based IFA firm Petrus Financial Services to expand the reach of its investment propositions.

Bank of America Merrill Lynch is close to agreeing a $16bn-$17bn settlement over its handling of mortgage-backed securities in the run up to the financial crisis, according to reports.

International investor demand for European equities helped Henderson boost retail net inflows by more than seven times in the first half of 2014.

Henderson Global Investors has hired a multi-asset director to expand its retail and institutional business.