News

J.P. Morgan Asset Management has appointed Andreas Michalitsianos to run its £200m Sterling Corporate Bond Fund following the departure of John Anderson.

The number of financial advisers operating in the UK has risen slightly in the first half of the year as intermediaries re-enter the market, according to figures from the Financial Conduct Authority (FCA).

Measures to increase confidence in the UK housing market could herald a new house price bubble, economists have warned.

George Soros has sold down all his gold holdings and has stocked up on unloved retailer JC Penney, nutrition supplement firm Herbalife, and tech giant Apple.

Fitch Ratings has said any potential break-up of Royal Bank of Scotland (RBS) is 'unlikely' as the costs and risks would outweigh the benefits.

The sharp rally in credit markets following the sell-off caused by the Federal Reserve's tapering talks was a surprise and a cause for concern for Iain Buckle, fixed income fund manager at Kames Capital.

Two former J.P. Morgan traders have been charged in the US over the scandal that saw the bank sustain losses of $6bn.

Sir Mervyn King was handed roughly £13,000 of leaving presents, including a £10,000 portrait of himself, when he left the Bank of England in June.

Henderson Global Investors is preparing to merge away three portfolios as it continues to streamline its fund range.

Neptune is to merge away its UK Equity fund, run by Scott MacLennan, later this year following the departure of highly rated manager Alex Breese.