News

Seneca Investment Management has suggested investors move out of fixed income in order to avoid getting caught out by a painful correction.

The net asset value of the Fidelity China Special Situations trust rose by 7% on Friday following Chinese e-commerce site Alibaba's record $25bn IPO.

A Corporate Chartered financial planning business has been told to compensate a client who was recommended to invest £50,000 in a bond based on senior US life settlement policies, following a final ruling by the Financial Ombudsman Service (FOS).

Investors have been warned against buying into Chinese tracker funds in the near term as growing interest prompts some groups to close products to new investment.

Electra Private Equity has urged shareholders to reject a fresh approach from activist investors Edward Bramson after he wrote a critical letter to Electra's shareholders.

The Skandia name is to disappear as the group rebrands as Old Mutual Wealth across all UK operations.

The Financial Conduct Authority will conduct an investigation into Tesco after the firm overstated its estimated half-year profits by £250m.

Aberdeen Asset Management is set to cut fees on two of its offshore short-term bond funds, Investment Week can reveal.

The Investment Management Association made a profit of £188,000 in 2013, reversing losses from 2012, after a significant jump in revenues from membership fees.

Franklin Templeton's Dylan Ball has predicted an equity market rotation to value stocks can continue for another six years at least.