News

The increasing likelihood of former US treasury secretary Larry Summers becoming Fed chairman next year has prompted a further spike in bond yields, analysts suggest.

The continued rise in US treasury yields has raised concerns the broader economic recovery may be under threat if the sell-off continues.

The return of Japan's Prime Minister Shinzo Abe has boosted the country's stock market and lifted inflation, but which managers have benefited most so far, and which have lagged behind?

M&G has appointed Daniel White as manager of the £120m M&G North American Value fund, replacing Richard Brody.

BlackRock has poached boutique investment firm NewSmith's Mark Wharrier to work alongside Adam Avigdori on its £604m UK Income fund, Investment Week understands.

Royal London has seen inflows return to its asset management unit in H1, with the group highlighting the implementation of RDR as a key driver of growth across the business.

The FTSE 100 has shed 40 points in early trading to move back towards the 6,400 mark, compounding losses suffered in recent days.

Two tax consultants have been charged with fraud over their part in a £1m tax scheme which took advantage of charity reliefs.

The leader of a £1.5bn bid to take over 315 branches up for sale by Royal Bank of Scotland (RBS) has warned the lender it must take the offer seriously.

Fears over the end of QE in the US and stronger data from the eurozone caused UK and US government bond yields to jump on Monday, surprising investors.