News

Ignis Asset Management is preparing to expand its product range as it reports profits for the first half of the year were unchanged from H1 2012.

Federal Reserve officials are united in their support for tapering bond purchases but split on the precise date of the move, according to the minutes of its latest rate setting meeting.

Accounting firm Baker Tilly has confirmed it will not make an offer for RSM Tenon Group.

The Financial Conduct Authority (FCA) has reached an agreement with insurance provider Card Protection Plan (CPP) and 13 high street banks and credit card issuers which will result in a £1.3bn redress scheme for people mis-sold CPP's Card Protection and...

Edward Bramson is to stand down from his role as chairman of F&C Asset Management, to be replaced by Kieran Poynter.

Analysts are upgrading their UK growth forecasts ahead of a potential upwards revision to Q2 figures this Friday.

The Mixed Investment 20-60% shares was the most popular sector in July for the seventh consecutive month, according to sales data from Cofunds.

Multi-asset manager Mike Pinggera has moved to reinvest half of the 65% cash pile in his new fund, after fears over a pull-back in equities saw him switch in to the "cheapest and most effective hedge" in July.

Aberdeen Asset Management was among the worst fallers on the FTSE 100 today, down nearly 5% in morning trading, as investors react to the recent sell-offs in EMs and panic over its impact on the group.

The board of the £1.3bn Murray International Trust has blamed "significant" underweights to North America and Japan for underperformance in the first half of 2013.