News

Giles Hargreave has been ranked number one in a report by Tilney Bestinvest looking to identify the top 100 equity fund managers in the UK.

The Financial Conduct Authority (FCA) has discontinued an investigation into whether a distribution deal between Partnership Assurance and an advisory firm contravened its rules on incentives, according to the provider.

HMRC paid out a record £400,000 in 2013 to people whistleblowing on tax avoidance activities, a Freedom of Information (FoI) request has revealed.

Some 24 European banks have failed the European Banking Authority (EBA)'s stress tests.

UK GDP growth stood at 0.7% in the third quarter, according to the Office for National Statistics (ONS), down from 0.9% in Q2 but in line with economists' expectations.

Asset allocators had a torrid time earlier this month as the FTSE slumped below 6,100 for the first time since spring 2013. Here five wealth and multi-managers reveal how they responded.

Standard Life Investments is closing the Ignis China fund managed by Magdalene Miller as it continues to cull the range of products acquired via its takeover of the group.

US markets closed up last night after the latest round of strong economic data and some better than expected third quarter earnings figures.

Retail sales at AXA Wealth were up 3% to £2.5bn in the third quarter, with funds under management hitting £27bn, while the group's platform saw assets grow by over a quarter year-on-year.

The UK has been told to contribute an extra £1.7bn (€2.1bn) to the European Union's budget after the economy performed better than expected.