News

Franklin Templeton has launched an Asian Dividend fund for head of emerging markets Mark Mobius as it seeks to tap into investors' growing desire to diversify income streams.

Shares in the Royal Bank of Scotland sold-off heavily on Friday morning following its latest results, with Investec Bank's respected analyst Ian Gordon downgrading the bank to sell after labeling revenues at its investment banking arm "awful".

Phil Hodkinson, the former finance director of HBOS, has bowed to pressure and resigned as senior independent director of Resolution, the life assurance group .

Edward Bramson's investment vehicle Sherborne has lifted its stake in 3i to 5%, five months on from first building a position in the private equity firm.

Redmayne-Bentley has opened five new offices and taken on 13 staff from embattled wealth manager Fyshe Horton Finney.

HM Revenue & Customs (HMRC) is expected to extend its tax on rebates to some discount brokers, even on funds held inside an ISA.

A man and a woman have been arrested in connection with a Financial Conduct Authority (FCA) investigation into insider dealing.

The BBC is planning to tap the bond markets for the first time in order to raise capital, according to the Times.

Ashcourt Rowan will consider ‘gap fill' acquisitions of small fund businesses as it targets a new phase of growth, according to CEO Jonathan Polin.

F&C Investments is planning to launch a global small-cap equity fund for Catherine Stanley next month, filling a gap in its smaller companies product range.