News

Multi-asset managers have cautioned against buying back into gold, arguing the precious metal ‘momentum trade' no longer exists.

Two Wall Street 'vulture funds' have seized control of part of Co-operative Bank's finances, the Sunday Times reports.

Sustainable and well regulated growth in financial services could generate an additional 265,000 jobs and boost GDP by between 2% and 3% by 2020, a report from PwC has found.

IFA acquirer and wealth manager Bellpenny has acquired Walton on Thames-based IFA Entire Wealth Management.

Investors who claimed tax relief on shares in failed start-up companies face a criminal probe by HM Revenue & Customs (HMRC) into their investments amid a crackdown on aggressive tax planning.

Allianz Global Investors has appointed Greg Saichin as head of global emerging market debt, following his resignation from Pioneer Investments on Friday.

Royal London Asset Management is to extend its fixed income capabilities with the launch of three short duration funds for Paul Rayner, Craig Inches and Sajiv Vaid, Investment Week can reveal.

A number of big name fund managers have been flagged by Bestinvest's latest infamous list of "dog funds", which names and shames the worst performing funds available to UK investors.

M&G has won its fight to add four non-executive directors to the board of Gulf Keystone Petroleum (GKP) after the small-cap oil group backed down at the last minute.

UK dividend payments hit a new record high in Q2, with PLCs paying out a total of £25.3bn to investors, but slowing profit growth means full-year dividends are expected to drop year-on-year.