News

Sarasin has scrapped the performance fee and reduced the annual management charges on its AgriSar fund as it prepares to rename the vehicle.

The Financial Conduct Authority (FCA) has banned two men from working in the industry for orchestrating unsuitable self-invested personal pension (SIPP) switches.

The Co-operative group has reported a record loss of £2.5bn after a "disastrous year" during which its banking division and the wider group came close to collapse.

Fidelity Worldwide Investment's bond manager Ian Spreadbury has said his fund has lagged competitors in the last year because of his ongoing caution amid a move by peers to add equity-like risk to their portfolios.

Sterling has climbed to a four-year high against the dollar after the UK's jobless rate, one of the triggers for an interest rate rise, was breached.

Retirees receiving financial 'guidance' via the government's 'right-to-advice' promise outlined at Budget 2014 will also be told how long they are likely to live to help inform their decision about what to do with their retirement savings, Steve Webb...

Ardevora founder Jeremy Lang has been shorting "in denial" UK companies reliant on emerging markets, while attempting to exploit the domestic recovery.

Brooks Macdonald has seen funds under management climb by 4.2% in the first quarter of 2014, results have revealed.

Google shares moved sharply lower in after-hours trading following a disappointing update, with the negative sentiment that has blighted the sector showing no sign of abating.

Tesco's share price rise this morning has failed to tempt UK equity managers to buy in to the troubled retailer, with leading investors continuing to avoid the stock and the wider sector.