Other large caps may follow Tesco in cutting dividends
UK sugar manufacturer Tate & Lyle saw its shares fall by nearly 20% at one stage this morning after it warned profits will sharply undershoot estimates.
Invesco Perpetual Global Opportunities
Have markets become desensitised to geopolitical conflicts?
Fund managers are turning away from the IPO hype which has seen many companies list this year, to concentrate instead on ‘overshadowed' mid-cap stocks.
Powering a recovery fund in a recovered market
The FTSE 100 has risen 0.7% in early trading to touch its highest level in six weeks, driven by gains for pharmaceutical giant AstraZeneca and the mining sector.
The UK's FTSE 100 index has fallen another 1% today as concerns over US tech companies and a variety of stock-specific issues hit returns for a second day running.
Active managers investing in passive funds can add value by being selective in the benchmarks their trackers use, HSBC's global head of indexation and exchange-traded funds has argued.