How Prusik Asian Income topped the charts
HSBC, the largest listed bank in the UK, has reported a sharp drop of 12% in its first half profits for 2014, as declines in emerging markets impacted the group.
Neil Woodford is running his largest allocation to overseas stocks since 2013 as he begins management of his new UK equity income fund.
High street banks are using Wonga-style bullying letters to chase customers for payments.
HSBC has launched the first of a range of ‘smart beta' ETFs, giving investors exposure to one of its own tailored global benchmarks.
Neuberger Berman is to launch a European High Yield bond fund for recent hire Andrew Wilmont, as it bids to replicate the success of its $13bn (£8bn) US offering.
Banks caught mis-selling interest rate hedging products (IRHPs) have so far paid £1.1bn in compensation to customers, the Financial Conduct Authority has revealed.