News

The UK retail version of Standard Life Investments' flagship Global Absolute Return Strategies (GARS) fund has reached £25bn in assets for the first time.

The chief executive of the Chartered Institute for Securities & Investment (CISI) has described the lifetime ban handed to former BlackRock executive Jonathan Burrows as ‘draconian'.

Further yen weakness has helped Japan's Nikkei 225 index pass the 19,000 mark for the first time since 2000.

Towry has increased its offer for Ashcourt Rowan to £120m, a move which is understood to have been prompted by rival bidders circling the firm.

Small-cap boutique Montanaro is offering seed investors the opportunity to allocate to its Equity Income fund at a zero management fee until it reaches £100m in size.

Ian Trevers, head of UK retail at Invesco Perpetual, is to leave after more than two decades at the business.

Three members of senior staff at Ashcourt Rowan are to exit as its takeover by Towry is finalised.

Shares in TSB Banking Group have soared after news emerged it is in takeover talks with Spanish bank Sabadell.

Some of the biggest banks in the US have been given the green light to pay their largest dividends since the financial crisis, following the Federal Reserve's 'stress test'.

Positions in European consumer staples have outperformed in run up to the European Central Bank's quantitative easing programme, as investors look to mimic the highs of US and UK equity markets, according to Polar Capital's Nick Davis.