News

A group of investors in troubled overseas property sales agent Harlequin has claimed a first victory in its battle to receive compensation from advisers who 'facilitated' their investments.

Aberdeen Asset Management has promoted Siddharth Dahiya to the newly created position of head of emerging market corporate debt following the departure of Esther Chan from the group.

The Financial Conduct Authority (FCA) has fined Barclays £26m for gold price fixing.

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.