News

Kames Capital is considering a move into the multi-asset absolute return space, following strong inflows into its existing absolute return products and the outstanding success of the multi-billion pound GARS franchise.

AstraZeneca has rejected a new takeover bid by Pfizer, arguing it still undervalues the business.

The number of complaints from self-invested personal pension (SIPP) savers dealt with by the financial Ombudsman rose almost 50% last year, with most gripes linked to recommendations to invest in unregulated investment schemes, according to a report....

The government may "pare back" its Help to Buy scheme if the Bank of England (BoE) believes it threatens the UK's economic recovery, Nick Clegg has said.

National advice firm Chase de Vere has reached a settlement with the Financial Services Compensation Scheme (FSCS) for an undisclosed sum to deal with claims of poor advice in relation to its sale of Keydata products.

Pension savers will be among the targets of Aviva Investors' forthcoming low volatility multi-asset strategy, the firm's head of multi-asset has said.

The Treasury has updated guidance on VCTs in order to ensure the vehicles can allot shares for the 2014-15 tax year.

Neil Woodford has said some core UK equity income stocks could be hit by dividend cuts in the near future due to "very stressed" business models.

Indian stocks have hit a fresh all-time high, with the rupee hitting a 10-month high of its own, as early vote counts in the general election point to a resounding win for the main opposition party, Bharatiya Janata Party.

Fixed income managers Paul Thursby and Peter Geikie-Cobb are to leave F&C later this year.