News

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.

The former chief executive of The Co-operative Bank yesterday accused his successors of taking their "eye off the ball" ahead of the lender's failed bid to buy more than 600 Lloyds branches, a move which deepened a £1.5bn capital hole in its accounts....

Rowan Dartington has restructured its senior team, resulting in Tim Cockerill taking over as investment director and Guy Stephens as managing director of the Signature division.

Invesco Perpetual is preparing to roll out its answer to Standard Life Investments' GARS fund with the trio of managers it poached from the group.