News

Threadneedle's Frederic Jeanmaire is to take over management of the group's Pan European Focus fund as lead manager Dan Ison steps back to become deputy.

Coutts has put aside £110m to compensate clients who may have been sold unsuitable investments over the past 60 years.

Capita's administration arm has written to a number of Arch cru investors asking them to return money from the redress scheme, after the payouts breached tax rules.

Shares in Tesco, the UK's largest food retailer, fell today after a surprise update revealed the full extent of the challenges facing its new chief executive. But is now the time to snap up the stock at decade-low valuations?

Almost £5bn flew into ISAs in the space of only a month as savers rushed to take advantage of new rules allowing them to save up to £15,000 tax free.

Britain's economic recovery will be at risk if Scotland votes for independence next month, the president of Britain's biggest business lobby has warned.

The Financial Conduct Authority (FCA) has fined the director of a London advice firm £350,000 and banned him from practising for mis-selling high risk unregulated collective investment schemes (UCIS).

Tesco today released an unplanned update to the market, sending shares tumbling in early trading after it slashed its dividend by 75% and warned on profits.

The S&P 500 slipped below its record peak above 2,000 overnight as the Ukraine crisis weighed on markets globally.

First State Stewart manager Glen Finegan is to leave the firm at the end of his sabbatical, rather than return to manage money, Investment Week can reveal.