News

The Financial Conduct Authority (FCA) is likely to be more ‘intrusive' than its predecessor on the policing of firms' financial promotions and has so far intervened more than 200 times on the issue, according to a consultancy.

Santander Asset Management UK has launched a range of multi-manager funds with an annual management charge of 40bps and a capped ongoing charge of 99bps.

F&C Investments is planning to launch a fifth fund in Gary Potter and Rob Burdett's risk-targeted Lifestyle range.

Shares in BSkyB have shed 10% in early trading as investors took a dim view of its loss of Champions League football rights to rival BT.

Bond managers are buying back into European government debt, as worrying inflation figures revive fears the eurozone could sink into a period of Japan-style deflation.

Sales of equity funds are on track to reach their highest level since 2000, with net sales of £8bn in the first nine months of 2013.

Premier Asset Management has promoted Neil Birrell to chief investment officer after the exit of Mike Jennings.

Former Cazenove European fund manager Chris Rice is to launch a boutique fund management firm with ex-colleague Tim Russell, Investment Week can reveal.

The Bank of England is expected to raise its growth forecast for the UK to 3% following the strong recovery the country has seen.

MPs are calling for further pressure to be placed on pension fund managers to reveal the full extent of their charges on investors.