Rathbones Unit Trust Management has selected five US equity funds that can add value at a time when many managers are struggling to outperform the S&P 500 index.
The five major UK banks all recorded a profit in the first half of the year for the first time since 2010, a report has found.
Tineke Frikkee has bought into Lloyds as a play on the housing recovery, in one of her first trades since joining Smith & Williamson to run its £9m UK Equity Income trust.
Disappointing results have sent HSBC shares down 5% and erased the FTSE 100's early gains on the first day of trading this week.
RBC Wealth Management has poached Daniel Ellis from HSBC Private Bank for the role of head of investments in the British Isles.
Steve Russell, investment director and manager of the £2.9bn CF Ruffer Total Return fund, tells Ruth Gillbe why he has been 'desperately' selling stocks and why all conventional bonds are 'poisonous'.