News

Henderson Global Investors' head of multi-asset Bill McQuaker has urged investors not to write off gold despite the recent slump in the price of the precious metal.

Justin Onuekwusi,lead fund manager on Aviva Investors' multi-asset funds, is to exit the firm.

IFA network Sesame has said it remains in a 'strong' financial position and will not increase its membership fees because of today's £6m fine for failings relating to advice given on Keydata products.

The Financial Conduct Authority (FCA) has fined Sesame Limited £6,031,200 for failures in relation to Keydata advice.

Hedge fund manager Man Group's shares nosedived on Wednesday, after its flagship hedge fund AHL reported one of its biggest weekly losses.

Troy's Sebastian Lyon, manager of the £600m Personal Assets investment trust, has warned equity and bond valuations are approaching pre-crisis peaks, and bullish investors could get caught out if they fail to brace their portfolios for a market correction....

Supermarket giant Tesco suffered another fall in sales in the UK in the first quarter of this year as the business continues to struggle to regain momentum amid the economic slowdown and the recent horsemeat scandal.

Asian markets racked up further losses overnight as investors continued to fret over the prospect of the Federal Reserve reining in its aggressive quantitative easing programme.

Royal London Asset Management (RLAM)'s Martin Cholwill has upped his stake in Brewin Dolphin as he backs three wealth managers to survive the post-RDR world.

Aviva Investors has opted to pull its absolute return fund out of the Investment Management Association's (IMA) Absolute Return sector, after the category was renamed earlier this year.