News

Investors must rethink their approach to categorising global markets, according to Luke Barrs of Goldman Sachs Asset Management.

M&G Recovery fund manager Tom Dobell may have become embroiled in a public dispute over one of his holdings, but he is by no means the first to speak out in a bid to turn around a company's fortunes.

Investors in the collapsed Arch cru fund range who sign up to a payment scheme set up by the funds' authorised corporate director, Capita Financial Managers, are in line to receive markedly less than forecast.

The US market has risen in early trading as investors' positive mood continues following the US jobs report released late last week.

A row between M&G's Tom Dobell and the board of an AIM-listed oil group has intensified after the manager called for new directors to be appointed and labelled the current pay deals for bosses 'excessive'.

The government plans to scrap what it has branded the "failed" approved person regime in financial services and replace it with a new senior persons regime.

Premier Asset Management's Simon King has left the business, amid a re-shuffle at the business which has seen colleague Chris White become head of UK equities.

Rob Thorpe has joined Sarasin & Partners as head of retail as the group recruits three former Cazenove sales managers to its enlarged team.

The FTSE 100 is in the black this morning, buoyed by shares including Royal Bank of Scotland which helped the index shrug-off weak Asian markets overnight.

A ‘mansion tax' on all homes worth more than £2m would cost the owners as much as £36,000 a year on average, according to Whitehall analysis.