News

Schroders today said profits at its wealth management business had rebounded sharply following the takeover of Cazenove in July, while asset management profits also jumped as the business moved on from the loss of star manager Richard Buxton.

Lloyds Banking Group has said it intends to pay its chief executive £4.9m in 2014, as well as paying some staff bonuses worth double their annual salaries.

Today is the fifth anniversary of the Bank of England's historic rate cut to 0.5%, with income stocks having enjoyed huge inflows following aggressive monetary policy, but which still look attractive?

M&G's highly-rated bond fund manager Richard Woolnough has said he would raise rates this year if it were up to him - but said such a move could present a buying opportunity.

Jupiter shares have fallen almost 5% in morning trading after TA Associates sold its final 10.6% stake in the company.

The Bank of England has suspended an employee as part of a probe into manipulation of the foreign exchange market.

Franklin Templeton has completed a rejig of its UK sales team after hiring Mark Dunn from Carmignac.

Asian stocks joined a global rally overnight at the prospect of a full-scale conflict between Ukraine and Russia appeared to recede

Russian equities have been on a roller-coaster ride this week amid the country's stand-off with Ukraine. But which funds are most exposed?

Legal & General (L&G) has reported a jump in pre-tax profits and cash reserves and is eyeing further 'selective acquisitions' following its purchase of Cofunds last year.