Commodities

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

Robert Howell, manager of the Schroders Alternative Solutions Commodity fund, is leaving the firm, with emerging market chief Geoff Blanning to take over the portfolio.

ETHICAL

Oil major Royal Dutch Shell has issued a profits warning for Q4, pointing to higher production costs and lower volumes.

A mixed year for equity markets nonetheless ended on a high, with the FTSE 100 up over 12% year to date and the FTSE All Share 15% ahead, but which stocks thrived and which dived in 2013?

The Financial Conduct Authority is reviewing gold benchmarks as part of a probe into how global rates are set, according to reports.

Randeep Somel, the new manager of M&G's Global Basics, has revealed the fund is making new investments in miners again as he looks to position the portfolio for a new era.

Duncan Goodwin, manager of the Martin Currie Global Resources fund, is to leave the firm at the end of the year.

Bill O'Neill, head of chief investment office of wealth management research UK at UBS Wealth Management, has warned there are three key 'nasties and traps' to watch out on the way to global economic recovery.

M&G's Graham French has told investors last year was one of the toughest periods of his career as his fund underperformed amid a torrid time for commodities.