News

Standard Life Investments' GARS team have outlined their key themes and strategies as the £20bn fund positions for the year ahead.

BNY Mellon Investment Management is set to change the names of two of its funds, the Newton Global Higher Income and Higher Income, and scrap the yield discipline on the latter.

Greek bank shares have tumbled as the country's new prime minister Alexis Tsipras told his first cabinet meeting he will "radically change the way that policies and administration are conducted".

Angry investors are planning legal action against the regulator in a bid to claw back losses they claim its predecessor caused when it branded their traded life settlement investments "toxic".

Retail fund sales last year were at their highest level since 2010, according to the latest figures from the Investment Association (IA).

The Kijani Commodity fund has moved its domicile to target UK and European investors after a year in which it returned more than 20%.

Carmignac Gestion's Didier Saint-Georges has said that the company is confident it can reverse the significant outflows it saw in 2014.

Schroders is to increase the ongoing charge on its All Maturities Corporate Bond fund to bring it into line with other funds in its range.

A 23% fall in commission income held back Brewin Dolphin in Q4 despite improving revenues from fee-based business, the wealth manager has said.

Apple has reported the largest quarterly earnings in corporate history, with net profit rising to $18bn in the three months to December.