News

Barclays has reportedly suspended six traders as part of an internal investigation into alleged price fixing within foreign exchange markets.

Standard Life has warned clients using its Wrap and Fundzone platforms they face a hike in fees if they stay invested in a small range of funds which are not planning to offer clean share classes.

Schroders' head of property investment William Hill is to step down after 25 years, handing his responsibilities to Duncan Owen.

Charles Hepworth, investment director in charge of the DFM proposition at GAM, has revealed five new additions and fund switches in the group's model portfolios.

The Indian stock market hit an all-time high today, beating the last record high reached in 2008.

F&C saw its assets under management decline by £2.2bn to £90.1bn in the third quarter, despite a further climb in retail inflows, the group revealed today.

Polar Capital has launched a global biotechnology fund for recent hire David Pinniger, as it seeks to build on its formidable reputation in the space.

Alliance Trust has suffered a slowdown in returns in the third quarter which it said was due to its high allocation to US equities.

Odey Asset Management is to launch a European Absolute Return fund for manager Feras Al-Chalabi later this year.

Royal Bank of Scotland today reported a loss of £634m before tax in the third quarter, undershooting estimates by some way, while it also announced plans to create an 'internal' bad bank to run down its book of bad loans.