News

The Financial Conduct Authority will conduct an investigation into Tesco after the firm overstated its estimated half-year profits by £250m.

Aberdeen Asset Management is set to cut fees on two of its offshore short-term bond funds, Investment Week can reveal.

The Investment Management Association made a profit of £188,000 in 2013, reversing losses from 2012, after a significant jump in revenues from membership fees.

Franklin Templeton's Dylan Ball has predicted an equity market rotation to value stocks can continue for another six years at least.

Shares in the largest Scottish companies, notably financials, helped power the FTSE 100 higher this morning after the results of the Scottish referendum revealed the country had voted to remain part of the UK.

Prime Minister David Cameron has said there will be "no re-runs" of the Scottish referendum which saw a decisive vote in favour of the country remaining part of the UK.

The majority of Scotland has voted to stay as part of the UK, with the 'no' campaign taking 55% of the vote, but how did this look on the ground?

The pound reached a two-year high against the euro overnight while yields on gilts and treasuries rose, as Scottish voters rejected independence from the UK and investors swapped safe havens for equities.

Sterling has surged to a two-year high as Scotland votes to remain part of the United Kingdom, as the results of its historic referendum on independence suggest the 'no' campaign has won by a slim margin.

Nigel Whittingham, the co-founder of Square Mile Investment Consulting and Research, is to return to Africa next year, handing over his responsibilities as director of distribution.