News

Franklin Templeton is set to close Mark Mobius' $2bn Templeton Frontier Markets fund to new clients next month, Investment Week understands.

Close Brothers has reported positive net flows into its asset management division, with assets under management up 10% year to date.

The head of the International Monetary Fund (IMF) Christine Lagarde appeared before a French magistrate yesterday to face questioning over allegations of embezzlement and fraud.

Japanese shares have clawed back some of their losses after falling more than 7% yesterday in a dramatic trading session.

Conditions for the US housing market have never been better, according to US-based investment banking and brokerage company, Charles Schwab.

Hargreaves Lansdown is asking smaller fund groups to offer their products exclusively through the discount broker, as part of a round of fresh price negotiations.

Henderson Global Investors' £12.7bn property business has appointed Tony He as director of property for its Chinese consultancy.

St James's Place stock has fallen 10% in today's trading after majority shareholder Lloyds Banking Group placed 77m shares into the market.

A spike in Japanese government bond volatility has raised concerns that the unintended consequences of new policy measures could further derail the equity market rally.

The Financial Conduct Authority (FCA) has fined J.P. Morgan International Bank Limited (JPMIB) £3,076,200 after identifying a series of failings within its wealth management business.