News

Shares in Apple, the world's largest company by market capitalisation, moved almost 7% lower in after-hours trading after quarterly results disappointed.

Liontrust has reported a £7m net outflow for the three months to 30 June as an uncertain period for investors temporarily pushed down assets under management.

Chancellor George Osborne has announced a bill to overhaul the Bank of England, including a reduction in the number of Monetary Policy Committee meetings.

The finalists for the first ever Growth Investor Awards have been announced.

Assets invested in exchange traded funds (ETFs) around the world surpassed those invested in hedge funds for the first time in Q2 2015, according to research firm ETFGI.

Equity income strategies are set to remain in favour but dividend growth rather than headline yield is becoming increasingly important, according to Henderson High Income's David Smith.

Online trading platform IG Group has partnered with BlackRock to launch a range of ETF-based investment portfolios for its clients.

Eclectica Absolute Macro manager Hugh Hendry has said the UK government's decision to introduce a 'national living wage' lends credence to his investment thesis that politicians realise they must now reward workers in order to boost growth.

Helena Morrissey, chief executive of Newton Investment Management, has been appointed as a member of a Treasury body to strengthen Britain's position at the centre of global finance.

One of the world's largest active equity managers, Capital Group, is to bring a flagship strategy to Europe with the planned launch later this year of an unconstrained global equity fund.