Investment

Miserly performance is on the cards for giant bond funds - but Tesco bonds and index-linked gilts stand out, says Charles Stanley investment manager Kris Barclay.

Positive economic news in the US and the continuing recovery in the UK have pushed equity valuations near to peak levels. So where can investors turn for protection in case markets fall from here?

THE BIG QUESTION

Investors have been lulled by the "calm before the storm" in terms of low volatility, the managers of the Ruffer Investment Company have warned.

Alex Salmond has been accused of pressurising Scottish financial services representatives from releasing a report on independence.

Investment management and corporate advisory business Seneca Partners has launched an inheritance tax (IHT) service that allows investors to protect their legacy from IHT while at the same time giving a helping hand to British businesses.

Business executives and sport stars - among them David Beckham - have been warned they must pay HM Revenue and Customs more than £520m after a government crackdown on tax avoidance schemes.

INTERVIEW

CORPORATE BONDS

Seneca Asset Managers plans to change the name of the Midas Income & Growth trust after acquiring its managers in March.