News

Fidelity's South East Asia fund manager Allan Liu is to retire later this year after 27 years of running active funds.

European rules requiring greater disclosure of portfolio costs could apply to fund managers sooner than expected if regulators decide to clear up inconsistencies in existing sets of proposals.

Aberdeen Asset Management's CEO Martin Gilbert has dismissed the option of re-opening the group's soft-closed emerging market equity products, despite continuing outflows from the funds.

Germany's 10-year government bond yield slipped below Japan's for the first time on record today.

Problems with the Financial Conduct Authority's (FCA) online regulatory reporting system GABRIEL have now persisted for a week, leaving firms struggling to input their data.

The chief executive of national IFA Ashcourt Rowan has talked of the importance of scale in wealth management as the company awaits regulatory approval for a near-£100m takeover by Towry.

Aberdeen Asset Management has suffered £4.8bn of outflows in the three months to the end of December, higher than analyst expectations, as poor emerging market sentiment weighed on its funds.

Consumer staples have returned to the top of UK equity managers' agenda as later-than-expected rate hikes reignite the debate over the outlook for the sector.

US financials' increasing attraction to income investors makes the US equity income landscape reminiscent of that seen in the 1980s, according to Threadneedle head of US equities Diane Sobin.

Energy stocks have built on Monday's rise in early trading today, pushing up the FTSE 100 by 1.2%, as the oil price continues to regain ground.