News

Sterling has fallen back below $1.70 after Bank of England Governor Mark Carney sounded a more dovish tone on base rate rises.

The Fundsmith Emerging Equities trust will list on the London Stock Exchange tomorrow after raising £193m in its offer period.

Chris Rice and Tim Russell have annnounced the fundraising for their first offering through new firm Sanditon Asset Management was oversubscribed.

The HC Mansion UK Student Accommodation Income & Growth fund has deferred redemptions as it becomes the latest fund in the sector to suffer liquidity problems.

Revenue from taxes on home buyers and savers looks likely to exceed money hauled in from ‘sin taxes' such as those applied to alcohol and tobacco, according to the Daily Telegraph.

Nick Train has outlined the main themes which affected the performance of his Lindsell Train investment trust over the last year, noting a 'flight to quality', technological change, and India all impacted the fund in different ways.

Former Miton distribution director Graham Hooper has joined Charles Stanley to spearhead the promotion and sales of its products, Investment Week can reveal.

Fund groups are set to come under fresh pricing pressure ahead of the ‘death' of AMCs, JP Morgan Asset Management's Jasper Berens has said.

First State has expanded the First State Stewart team with the hire of Ashish Swarup.

Former Morningstar OBSR researcher Chetan Modi has joined Allfunds Bank as a senior fund analyst as part of the group's push to increase its UK-based fund research team.