News

Auditor Baker Tilly is under investigation by the Financial Reporting Council (FRC) following allegations of unethical conduct.

Invesco Perpetual's co-head of fixed interest Paul Read has said he expects the UK's base rate to rise in the first quarter of next year, in contrast to the forecast of his former colleague Neil Woodford.

The number of savers putting enough money into their pension to secure an adequate retirement is at its highest level since 2009 at 53%, according to Scottish Widows research.

Fund managers and economists are turning more bullish on eurozone debt and asset-backed securities after the European Central Bank (ECB) cut rates to a new historic low.

Sebastian Lyon, manager of the Troy Trojan fund, has warned investors are becoming more complacent than they have been at any point since the financial crisis erupted, leaving them vulnerable to a shock event.

Economies around the globe need to shore up their fiscal positions now following an improvement in growth rates, and before the next crisis hits home, the World Bank has warned.

River and Mercantile has revealed it plans to close soft-close Dan Hanbury's UK Equity Smaller Companies fund - currently £360m in size - when it reaches £550m.

The heavy selling seen in emerging markets since last May has halted year to date as buyers snap up sold-off shares, but Aberdeen's global emerging markets head Devan Kaloo has warned there could be more pain to come.

Franklin Templeton has soft-launched two multi-asset funds for recent hire Toby Hayes ahead of a full launch later this year.

The amount of private wealth held by households rose by 14% last year, fuelled by rising stock markets.