News

Invesco Perpetual's Neil Woodford topped up his stake in supermarket Morrisons as BlackRock sold down its position at the start of 2013, according to reports.

The Commission on Banking Standards has told the government its plans to reform the UK's banking sector are not strict enough.

Standard Life is investigating an error that has left thousands of advisers being quoted inflated fund prices on a number of platforms.

Aberdeen has launched a Strategic Bond fund for its London-based global credit team.

The Office for Budget Responsibility has rebuked David Cameron over his claim austerity is not to blame for the UK's sluggish economy.

US treasury yields have jumped to an 11-month high after better-than-expected US jobs data boosted market sentiment.

Miton will add a new equity fund to its range on 18 March with the launch of the CF Miton US Opportunities fund for recent hires Nick Ford and Hugh Grieves.

While markets are nearing - or passing through - nominal highs, in reality, UK shares would need to climb much higher just to meet inflation-adjusted pre-crisis highs of 2007.

The Absolute Return sector - soon to be renamed Targeted Absolute Return - has often divided investors, particularly during down markets when some funds have failed to deliver a positive return.

Shares in Schroders have climbed over 1% in early trading on the FTSE 100 as UBS removed its ‘sell' rating and investors grow more optimistic over the asset manager's prospects.