News

Royal Bank of Scotland's chief executive is expected to receive a £780k bonus next month, despite the recent LIBOR scandal which has tarnished its reputation.

Investec's Alastair Mundy has raised the cash weighting in his £2.3bn Cautious Managed fund to over 20% as he struggles to find buying opportunities in equities or bonds.

Barclays is set to close its 'tax avoidance' unit and announce a series of job cuts in its annual results, according to reports.

The government is set to impose a £95,000 "stealth tax" on inheritance to help pay for care for the elderly, according to the Sunday Times.

Aberdeen Asset Management's chief executive Martin Gilbert has sold 1 million shares in the asset manager, worth over £4m.

Barclays has questioned the impact of Henderson's 'costly' advertising campaign, which featured former Chelsea manager José Mourinho.

Threadneedle has handed its UK Overseas Earnings fund to Blake Hutchins as Richard Colwell steps back from managing the portfolio.

Société Générale strategist and permabear Albert Edwards has launched a scathing attack on central bankers, warning incoming BoE governor Mark Carney could follow in the footsteps of Alan Greenspan to be a "ruinous" bank leader.

Schroders edged back into the top ten asset managers by fund sales in Q4 as investors showed renewed interest equities, the latest Pridham Report has revealed.

Aberdeen today announced additional measures to stem flows into its phenomenally successful multi-billion pound emerging markets equity range, but should the hike put off investors?