News

The Bank of England will not hike interest rates until well in to 2015 at the earliest, according to Hawksmoor Investment Management's head of research, Jim Wood-Smith.

The Scottish government will be able to issue its own bonds from 2015 in a 'historic' devolution of borrowing powers, the Treasury has announced.

The Investment Management Association has said it is open to the prospect of 'radical change' as it sets out recommendations for the use of dealing commission to purchase investment research.

Chris Urwin, global research manager for real estate at Aviva Investors, has listed five reasons he expects UK real estate to outperform over the next two years.

Dominic Neary has taken over management of the £324m Scottish American investment trust, replacing ten-year veteran Patrick Edwardson.

The executive board of the Financial Conduct Authority (FCA) is concerned about the rate at which its staff leave the organisation, and is also considering an independent review into its decision making processes.

The UK's consumer prices index fell to 1.9% in January, bringing it under the Bank of England's 2% target rate for the first time in four years.

Fixed income managers are cutting back on duration after the risk-off environment seen at the start of 2014 pushed up government bond prices once again.

Antony Bolton's £610m Fidelity China Special Situations trust returned 8.42% in the three months to 31 December, compared to the MSCI China return of 1.5%, according to latest figures.

It is "not unreasonable" for investors to anticipate a 2% base rate as early as 2016, but increasing rates is still considered a last resort to tame the housing market, according to Bank of England policymaker David Miles.