News

UK income managers may be set for a huge boost if Vodafone agrees to sell its 45% stake in Verizon Wireless, but any deal could create longer-term problems for the UK dividend market.

Old Mutual's Richard Buxton has warned investors in the housebuilding sector the UK is far from experiencing a housing boom.

Investment managers are beginning to question the value of holding gold for diversification purposes, as its correlation to equity markets soared to 65% this year.

Fears over US monetary tightening, rate hikes, and recession triggered the 1987 stock market crash, and there are parallels with today's market environment, said Société Générale's Albert Edwards.

Mirabaud has seen the departure of portfolio manager Malcolm White from its global equities desk.

M&G is to launch a Global Corporate Bond fund for Ben Lord next week, Investment Week understands.

Legal & General Investment Management (LGIM) has appointed Justin Onuekwusi as lead manager of its newly-launched Multi-Index range.

The British Chambers of Commerce (BCC) has sharply increased its forecast for economic growth in the UK for 2013.

Managers at Odey and M&G have taken opposing views on the fortunes of Aberdeen Asset Management as the impact of the emerging market sell-off polarises opinions.

Hedge fund manager Hugh Hendry moved to play the summer EM sell-off by pitting 'good' emerging markets against struggling peers.