News

Saga and Tilney Bestinvest are to launch a joint venture offering investment and financial planning services to the UK's over-50s.

Making investment predictions will be 'treacherous' in 2015 given the risks in the geopolitical environment, according to Ruffer investment directors Hamish Baillie and Steve Russell.

Norwegian fund manager Skagen is set to launch a concentrated global fund, subject to regulatory approval, following the rehire of manager Filip Weintraub.

Indian equities stood out in Asian trading overnight after the Reserve Bank of India (RBI) announced a surprise cut to interest rates in order to combat falling inflation.

Edward Bramson's Sherborne Investors has further upped its interest in Electra Private Equity as it plans its next move following an unsuccessful attempt to take control of the trust last year.

The Financial Conduct Authority (FCA) has cancelled an advice firm's permissions after it failed to submit regulatory returns.

This year will see investors finally lose faith in the notion that policymakers are in control of global economic events, according to 'permabear' investor Marc Faber.

Investors sold out of the UK All Companies sector in November, with the sector returning to net outflows after a brief spell of inflows the previous month.

M&G has written to investors in its £9.5bn Global Dividend fund and acknowledged "there may well have been some complacency" around underperforming stocks in 2014.

Towry has formed a partnership with Professional Player magazine in a move to offer financial planning and investment management to footballers.