News

Shares in low-cost airline Ryanair tumbled 15% on Wednesday after the firm issued a surprise profit warning.

Gold funds were standout winners in August as investors' appetite for risk waned amid concerns of a tapering of monetary stimulus in the US and potential military action in Syria.

Hargreaves Lansdown co-founder Peter Hargreaves has said his biggest fear is how customers will react to forthcoming changes to the platform's pricing model.

Mirabaud Asset Management's newest hire Fatima Luis has outlined her ‘screaming buys' in the high yield bond market in an environment of renewed volatility.

Standard Life Investments (SLI) and Legal & General Investment Management (LGIM) are reportedly looking to sue Royal Bank of Scotland (RBS) over a controversial £12bn cash-call in 2008.

BlackRock is set to soft-close its £1.96bn European Dynamic fund, run by Alister Hibbert, while its European Absolute Alpha fund will be capped at £100m.

Hargreaves Lansdown expects to announce details of its new pricing model for funds in "November or December" after it reported record full-year results for 2013.

Small businesses mis-sold interest rate hedging products by high street banks have so far accepted £500,000 in compensation but the figure is likely to rise significantly, the Financial Conduct Authority (FCA) has said.

The Financial Ombudsman Service (FOS) threw out two-thirds of gripes against the most complained-about advisory groups in the first half of 2013, figures show.

AXA Wealth has announced former Skandia strategy manager Kate Randall-Coles is to take over from Graham Bentley as head of fund group relations.