News

Four former bosses of collapsed Icelandic bank Kaupthing - including its chief executive and chairman - have been jailed for between three and five years in the heaviest sentences for financial fraud in Iceland's history.

After Shinzo Abe took power late last year, Japan has been 2013's undisputed success story.

Russell Investments has appointed Mirko Cardinale as head of asset allocation in the EMEA region.

Ashcourt Rowan has agreed a deal with Duke Street General Partner to acquire UK Wealth Management (UKWM), funding the purchase through a share placing.

Philip Saunders, portfolio manager of the the Investec Diversified Growth fund, has outlined four investment themes for investors to consider in 2014.

Mainstream emerging markets may have remained thoroughly out of favour this year, with developed nations driving global equity returns, but surprises can still be found in the top ten markets of 2013.

Brewin Dolphin is cutting investment services for clients with portfolios valued at under £50,000 due to unsustainable costs.

Ignis Asset Management is forecasting an 11.5% total return for the UK commercial property next year, above consensus forecasts which are themselves at their highest levels post-crisis.

Skandia head of wealth planning Colin Jelley has left the firm after ten months in the role.

The Financial Conduct Authority (FCA) and North and West Yorkshire police have this morning arrested one male on suspicion of insider dealing and market abuse.