News

PSigma is to close Tom Becket's £18m Dynamic Multi-Asset fund, taking the firm's range down to three funds.

A group of MPs will next year evaluate the impact of the Retail Distribution Review (RDR) - with a particular focus on the ban on commission - in what represents the first independent, external probe into the RDR's influence.

Kames Capital's fixed income specialists David Roberts and Philip Milburn are seeing value return to long-dated bonds following the recent spike in bond yields.

Olly Russ, manager of the Argonaut European Enhanced Income fund, is buying into asset managers in Europe, favouring opportunities in financials which provide an alternative to the banking sector.

The Bank of England (BoE)has elected to hold the base rate at 0.5% and maintain the size of its quantitative easing (QE) programme at £375bn.

Barcelona footballer Lionel Messi and his father Jorge have paid €5m to Spanish authorities after they were accused of filing inaccurate tax returns, according to reports.

Standard Life Investments's Harry Nimmo has pointed to three trends in 2014 that could continue a run of performance that has seen the manager return nearly 200% over five years.

Former Investec energy portfolio manager Jonathan Waghorn has joined Guinness Asset Management.

Old Mutual Global Investors' Richard Buxton has warned five major trends could affect the global economy throughout September and October.

Asian stocks jumped today as India installed a new central bank governor with ambitious plans to stabilise the falling rupee and support the banking sector.