IPO

Two-thirds of UK fund managers believe interest rates will rise before the second half of 2015, despite the more cautious tone set most recently by Bank of England Governor Mark Carney, a study has found.

Williams plans to double holdings as Miton UK Smaller Companies soars

When will trusts cut fees?

EM RISK

Fund selectors are buying into asset-backed securities, labelling them one of the few remaining value trades in fixed income investing amid moves by the European Central Bank to support the sector.

Woodford Investment Management, the new fund group set up by veteran fund manager Neil Woodford, is set to back the flotation of breakdown recovery service the AA.

Bubble, bubble, tech and trouble?

Lloyds Banking Group has announced plans to float a 25% stake in its TSB business next month in a bid to meet European rules on state aid for banks.

Firms raced to announce plans for initial public offerings (IPOs) this week, despite increasing concerns about the valuation of shares in the newly-floated companies.

Royal Mail has reported a rise in operating profits in its first set of full-year results since floating on the stock market.