News

Tesco shares have sunk 5% this afternoon as investors took an increasingly dim view of its £6.4bn full year loss.

Aviva Investors has hired Simon Young from BlackRock as a UK equities fund manager.

Market movements are pushing Fidelity global equity manager Jeremy Podger to consider companies outside his traditional sectors as he looks further afield for value.

Standard Life Investments has launched its fourth emerging market debt fund for Richard House and Kieran Curtis.

The regulator has frozen the assets of a property fund that it suspects is an elaborate scam.

The Bank of England's Monetary Policy Committee has become less concerned with deflation risks, according to it latest minutes, despite CPI inflation dropping to 0%.

The Financial Conduct Authority (FCA) has hit Merrill Lynch International (MLI) with the largest ever fine imposed for transaction reporting failures.

A UK futures trader has been accused by US authorities of contributing to the 2010 'flash crash' which saw the Dow Jones plunge 600 points in five minutes.

FE Trustnet has revealed the groups and funds topping its passive ratings chart as its ETF and tracker comparison service goes live.

Former F&C Thames River managers Kristof Bulkai, Patrick Cadell and Hugo Rogers are to join Liontrust Asset Management to run global portfolios.