News

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.

Assets on AXA Wealth's Elevate platform rose 31% to £8.4bn in the first half of the year, as the wider business approached break-even point.

Investors predicting historically-low interest rates will rise after the end of quantitative easing are misguided, M&G's fixed income desk have said.

The FTSE 100 opened down slightly in early trading, with a host of financial stocks leading the fallers.

Threadneedle has launched a Global Multi Asset Income fund, to be managed by Toby Nangle, as it seeks to provide an alternative vehicle for retirement assets.

Giles Hargreave has relinquished his role as CEO of Hargreave Hale in order to focus on running his funds, with the group promoting two of its directors to jointly head the business.