News

Some of the country's top bond fund managers are increasing liquidity in their portfolios over fears a ‘shadow banking' bond market bubble buoyed by ‘tourist' investors may burst.

Woodford Investment Management was the best-selling fund group by active sales in the second quarter of this year, after raising £1.6bn for its Equity Income fund.

HSBC, the largest listed bank in the UK, has reported a sharp drop of 12% in its first half profits for 2014, as declines in emerging markets impacted the group.

A BlackRock employee has left the group after being found to have avoided £43,000 in train fares over the past five years.

Almost 90% of active UK equity fund managers beat the benchmark index last year, far outstripping the performance of other active managers, an S&P Indices report has found.

The former boss of failed investment firm Keydata is suing the regulator for £371m, accusing it of a "politically motivated" abuse of power.

The US economy created 209,000 new jobs in July, its sixth straight month of 200,000 plus jobs added to the economy, but nonetheless undershot forecasts.

John Duffield's Brompton Asset Management has hired a new head of multi-asset to spearhead a drive into the sector.

The Royal Bank of Scotland said today its costs would be "significantly" impacted if an upcoming vote on Scottish independence sees the region break away from the rest of the UK.

The FTSE 100 is on course for its worst day in four months as nervous investors begin August in cautious mode.