News

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.

St James's Place is set to make its inaugural entry into the FTSE 100 when the index's quarterly review takes place later today.

As the latest figures from the IMA show Absolute Return funds have seen their highest retail sales for over four years, Standard Life Investments' phenomenally successful GARS fund is starting to face more competition from peers.

Members of Invesco Perpetual's sales team have left the business in order to join Neil Woodford's new venture, Investment Week understands.

UK investors put the most money into Absolute Return funds for over four years in January, as retail investors re-evaluated their equity exposure.

All the major retail banks and most medium-sized and smaller firms have made "significant" changes to their sales incentive schemes, but concerns over enticements linked to bank investment and protection sales remain, the Financial Conduct Authority (FCA)...

Fund buyers are increasing their exposure to absolute return equity funds to take advantage of sharp falls by companies which miss earnings estimates.

City Financial's multi-asset fund manager Tony Yousefian has left the firm after less than a year, Investment Week understands.