News

Neil Woodford's £1.4bn Edinburgh IT is again trading on a premium to NAV as appetite for the trust returns despite his forthcoming exit from Invesco Perpetual.

Saxo Bank has published a list of ten 'outrageous predictions' which could play out in 2014 and impact global investment markets.

The UK's headline inflation rate has fallen to its lowest level in four years after edging down to 2.1% in November.

Since the news Neil Woodford is leaving Invesco Perpetual next year, investors have been prompted to review their asset allocation in the equity income space.

GLG has soft-closed its Market Neutral fund managed by Steve Roth after inflows took the strategy beyond $1bn (£610m) in size.

The Investment Management Association (IMA) is holding back on releasing new recommendations regarding the calculation of sector averages and fund performance, amid a lack of clarity over fund groups' post-RDR share classes.

Aggreko's share price shot up more than 8% yesterday, after the firm won contracts to supply power at next year's World Cup in Brazil and Commonwealth Games in Glasgow.

Marlborough Fund Managers is to merge away Geoff Hitchin (pictured) and Nicholas Cooling's UK Income & Growth trust in January.

Hexam Capital Partners' co-founder and lead fund manager Bryan Collings is being paid on a performance-related basis after handing his stake in the business over to his colleagues.

Psigma Investment Management has teamed up with City Financial to launch a European high yield fund for its head of credit John Sullivan.