News

GLG's new recruit Henry Dixon has said the dual combination of rotation out of fixed income and the return of M&A could drive UK equities to new highs this year.

Threadneedle head of US equities Cormac Weldon and fellow team member Stephen Moore are to join Artemis to launch a US equities franchise.

A turning point in the performance of Eastern European equities may finally be on the cards this year, according to Sam Vecht, co-manager of the BlackRock Emerging Europe trust.

Financial research group Defaqto has appointed former adviser network director Frank Potaczek to head up its insight and consulting wing.

Investors' misplaced belief that US stocks are overvalued has made it the "most unloved bull market" in 40 years, veteran US fund manager Ed Cowart has said.

The Financial Conduct Authority (FCA) has fined Standard Bank £7.64m for failings relating to its anti-money laundering (AML) policies and to procedures with corporate customers who are connected to 'politically exposed persons'.

The sharp drop in the UK unemployment rate and mounting expectations of a 2014 rate hike pushed sterling to a two-year high versus the US dollar in morning trading.

Wealth manager St James's Place (SJP) saw net inflows of £4.3bn in 2013, a 28% year-on-year rise.

Aviva CFO Pat Regan is to leave the company after three years to take up a post in Australia.

Equity markets across Asia have moved into the red after manufacturing figures suggested Chinese industrial activity has hit a surprise six-month low.