News

Henderson's Chris Burvill is buying AstraZeneca, among other firms, in a move to benefit from merger and acquisition speculation.

The Financial Services Compensation Scheme (FSCS) is facing claims worth around £2.5m for 12 investment and life & pensions firms newly declared in default - which would need to be paid for by investment adviser levypayers.

Apple has acquired headphone manufacturer Beats Electronics - the company part-owned by hip hop mogul Dr. Dre - for $3bn, after carrying out its largest ever acquisition.

The chance of a rate rise this year has moved a step closer after one of the Bank of England's policymakers said a rise in the cost of borrowing should happen "sooner rather than later".

Insurer Zurich welcomed the regulator's pledge to re-open the long-stop debate but suggested it should be looking at more options than just a 15-year liability period.

Active fund managers must rise to the challenge of a rotation into FTSE 100 stocks after years of outperformance, wealth managers have warned.

UK equity income funds recorded their best month on record in April as the ongoing demand for income solutions saw them rake in hundreds of millions of pounds.

The merged Bestinvest and Deutsche Bank wealth management business will operate under the Tilney for Intermediaries brand in the B2B market.

Mark Barnett has cut some of former manager Neil Woodford's favourite holdings in the £1.4bn Edinburgh investment trust, adding 14 new stocks since the beginning of the year.

Wealth manager Brewin Dolphin reported a surge in profits in the half year to March, although it saw a large outflow from its advisory business.