News

Charles Stanley has agreed a deal to buy Evercore Pan Asset Capital Management, the passive portfolio specialist co-founded by John Redwood MP.

M&G's retail funds under management are up 24% year on year to £64.5bn at 30 September, driven primarily by strong inflows from European clients, with UK flows turning positive again in Q3.

GDP slowed in Germany and declined in France in Q3, fuelling fears the eurozone recovery could be set to falter after weak inflation numbers earlier this month.

Neil Woodford has warned investors in his £1.3bn Edinburgh Investment trust that the recent period of strong performance is unlikely to continue if the Federal Reserve tapers bond purchases.

The Nikkei rose almost 3% to hit a six-month high overnight after comments in parliament by the Japanese finance minister on currency intervention.

Stockbroker and discretionary wealth manager Charles Stanley today reported a jump in revenues and profits, and a hike in its interim dividend, as it continues to benefit from a shift among clients either moving to self-invest or to use discretionary...

Growth in Japan halved in the third quarter compared to the previous reading, the country's government reported overnight, with weaker consumption and exports pushing growth down.

The UK arm of international advisory firm deVere Group has been the target of another cloning scam, with perpetrators imitating its advisers and forging business cards to dupe clients, the firm's UK chief has said today.

Barclays' head of compliance Sir Hector Sants will not be returning to the banking group after taking three months' leave in October due to stress.

The Bank of England has sharply revised its unemployment forecasts but emphasised this does not mean it is guaranteed to hike rates once the 7% threshold is reached.