News

Henderson Global Investors will offer its discounted clean share classes to all distributors, rather than through exclusive platform deals, according to chief executive Andrew Formica.

The gold price has rebounded off lows seen at the end of last year, having endured one of its worst ever years in performance terms, but is the rally about to run out of steam?

Paul Farrow, the former editor of the Telegraph's personal finance section, has been appointed head of corporate communications at Oakley Capital,the group supporting Neil Woodford's new business.

The Financial Conduct Authority (FCA) has fined Forex Capital Markets and FXCM Securities (FXCM UK) £4m for allowing the US-based FXCM Group to withhold profits worth £6m that should have been passed on to the UK business' clients.

Lazard Asset Management has launched an offshore version of Pat Ryan's £327m Lazard Global Equity Income fund.

Alliance Trust may be faced with more hostile corporate action after a US hedge fund declared a 10% stake.

Asset manager River and Mercantile is to merge with investment consultancy P-Solve, part of the Punter Southall Group, and is planning an IPO to fund its growth plans.

The UK economy grew at 0.7% in the final quarter of 2013, official figures confirmed today, in line with the preliminary estimate, although 2013's overall growth rate was revised down.

Banking giant Credit Suisse "helped" thousands of its US customers avoid tax by opening Swiss accounts on their behalf, a report has claimed.

Henderson today reported a bumper set of results for 2013, including record profits, following a return to positive UK retail flows.