News

Greece has missed its scheduled payment to the International Monetary Fund (IMF), announcing it will bundle debt due into a single figure at the end of the month instead.

Veteran fixed income manager Bill Gross has admitted he is frightened by the lack of liquidity in bond markets.

BNY Mellon Investment Management is making the Newton Global Emerging Markets fund available to UK retail investors by merging it into its UCITS fund range.

With market volatility on the increase, Investment Week asked six fund selectors for their absolute return recommendations.

The International Monetary Fund has urged policymakers in the US to delay hiking interest rates or face a further bout of "financial instability".

Schroders has hired five new members to its fixed income global multi-sector team headed by Bob Jolly.

Chancellor George Osborne has announced the government is to sell its remaining 30% stake in Royal Mail.

Coutts & Co has hired former St James's Place chief executive Mark Lund as a non-executive director.

Man GLG is to remove investment restrictions on its flagship Japan CoreAlpha fund, citing an improvement in Japanese equity market liquidity.

Odey Asset Management has blasted a bid for trading platform Plus500, the second largest holding on James Hanbury's CF Odey Absolute Return fund, calling the move "opportunistic".