News

A year ago this week, then-Federal Reserve chairman Ben Bernanke made a speech many expected to provoke a paradigm shift in markets.

Close Brothers Asset Management has reported a 4% rise in assets in its latest quarterly report, pushing total assets closer to the £10bn mark.

The MSCI Asia-Pacific has hit its highest level in 12 months after a US session which saw small caps move off recent lows.

Ex-Jupiter manager Philip Gibbs has criticised his former employer in a public outburst at the company's annual general meeting, according to reports.

GLG Partners has promoted Jack Barrat to co-manager of its Undervalued Assets fund.

Rayner Spencer Mills Research has expanded its fund research service to include ratings for multi-asset fund ranges and sustainable responsible investments.

Sterling has fallen back below $1.69 after worse-than-expected borrowing figures disappointed those investors hoping for further confirmation the economy is back on track.

Royal Mail has reported a rise in operating profits in its first set of full-year results since floating on the stock market.

Lawyers representing Arch Financial Products (AFP) directors Robin Farrell and Robert Addison today suggested regulatory rules in place at the time their clients are accused of acting "recklessly" in managing the CF Arch cru fund range were unclear.

Asset manager River and Mercantile plans to float on the main market, following its merger with investment consultancy firm P-Solve earlier in the year.