News

Shares in Henderson Global Investors have been cut to a sell by analysts at Shore Capital after a dramatic surge in price this year left them trading well above their historic average.

Asian stocks rose overnight, driven higher by the Nikkei which reversed sharp losses on Friday after climbing over 2%.

The Chancellor George Osborne is expected to step back from plans to break-up the Royal Bank of Scotland (RBS) amid an expected outcry from some shareholders.

A planned deal which would create one of the largest asset managers in Europe grabbed our readers' attention this week.

The line-up for Investment Week's upcoming Global Investment Focus event has been finalised.

Aberdeen Asset Management has confirmed rumours it is in talks to buy Scottish Widows Investment Partnership (SWIP) in a deal which would make it the largest listed fund management firm in Europe.

AXA Wealth recorded a 45% rise in assets under management at its Elevate platform in the third quarter of the year, helping the group push its overall assets toward £25bn.

Hargreaves Lansdown's head of research Mark Dampier has sold a portion of his stake in the platform giant for more than £620,000.

UK GDP growth was 0.8% in the third quarter of the year, according to the first estimate from the Office for National Statistics (ONS).

The regulator is moving away from an over-reliance on static rules and regulations to a "good judgment" approach, and expects the industry to follow suit, Martin Wheatley has said.