News

GLG is to launch a global total return fund targeting LIBOR + 5% after expanding its macro investment team.

Polar Capital has completed the initial public offering for its Global Financials investment trust, raising £153m in the process.

The government has formally started the process of offloading its stakes in Royal Bank of Scotland (RBS) and Lloyds by launching a tender for the banks' share sale, according to reports.

This week has seen further volatile moves in markets - particularly within fixed income as investors unwind positions in government and emerging debt - while Chinese equities also hit the headlines on fears of a slowdown in the country.

Old Mutual's Stephen Message is looking to life companies with their own platforms to boost dividend payments for his fund.

Financial advisers are being invited to cast their votes in three key categories at the Aberdeen UK Platform Awards.

The recent defeat by HMRC to levy a 55% tax on investors in a delisted Qualifying Recognised Overseas Pension Scheme (QROPS) is likely to see a further tightening up on overseas pension transfer rules.

M&G Investments' top performing bond fund manager Richard Woolnough has argued the global economy is in a much healthier place than GDP figures suggest.

Japan's decision to stimulate its economy much later than other developed nations has left it positioned to be the best performing stock market, according to Ruffer's Steve Russell.

The price of gold has continued its decline, falling below the $1,200 mark on Thursday for the first time since August 2010.