News

Baillie Gifford's Stephen Rodger has argued fellow bond managers are unprepared for Japan-style deflation which is on the horizon in the West.

Old Mutual Global Investors was the big winner at the 19th annual Investment Week Fund Manager of the Year Awards, in a glittering ceremony held on Thursday at London's Royal Albert Hall.

Tobacco stocks pushed the FTSE 100 higher at open today after details of a mega-merger between two of the largest US tobacco companies reached final stages.

Barclays will scrap its 6,500-strong cashier team in October, converting them into 'community bankers' with iPads.

Taxpayers lost out on roughly £1bn in the Royal Mail initial public offering due to poorly-priced shares, MPs have said.

US market valuations are not near bubble territory despite being at record highs, with the current rally different to the pre-crisis period because of resurgent US growth, veteran US equity manager Ed Cowart has said.

Financial Conduct Authority (FCA) chief executive Martin Wheatley was paid a total of £610,000 in the year to 31 March, with a basic salary of £460,000, figures published today show.

The Financial Conduct Authority (FCA) spent £3.3m on overseeing the Retail Distribution Review (RDR) last year, according to its annual accounts, a 37.5% increase on the cost of the rule change before implementation.

Former Apollo partner Tom McGrath has joined Caplain Capital to take the role of chief investment officer.

Invesco Perpetual is taking steps to work more closely with discretionary firms and wealth managers after restructuring its sales team.