News

A coalition of more than 150 investors including Sarasin & Partners, major pension funds, and local authorities have urged oil majors Shell and BP to improve their business practices in relation to climate change.

Legendary investor Jim Rogers has said he owns more US dollar than any other currency despite the fact he believes it to be "terribly flawed".

South-African firm Fundhouse has launched a fund ratings service for UK financial advisers, offering what it says are wholly unbiased and impartial comments on well-known funds.

The Financial Services Compensation Scheme (FSCS) plans to collect a levy of £287m from firms in 2015-16, as it prepares for a rise in claims related to self-invested personal pensions (SIPPs).

Restricted adviser network Sesame would be broke and unable to trade without the continued financial support of its parent company Friends Life, Aviva has said in a note to shareholders ahead of its planned acquisition of the provider.

Optimistic chief executives are paid less than their peers, research by HEC Business School in Paris has found.

Nine of the world's biggest fund managers are preparing to set up their own 'dark pool' for equity trading in an effort to avoid interference from high frequency traders.

Fidelity Worldwide Investment's asset allocation director Trevor Greetham is to leave the company, Investment Week can reveal.

Former Ignis manager Diamond Lee is to take the reins of the $100m Old Mutual Greater China Equity fund.

The International Monetary Fund has cut its growth forecast for the next two years, after December's figures in many countries disappointed.