News

Taube Hodson Stonex Partners (THS) is launching a retail share class for its flagship £592m International Growth and Value fund, after parting company with St James's Place (SJP) late last year.

FinEx Group has made its first foray into the European ETF market, launching a product which tracks a Russian corporate bond index.

Royal Bank of Scotland is to make further cuts to its investment bank but is also readying plans for a £5bn share sale in 2014, according to reports.

Moody's decision to strip the UK of its AAA credit rating on Friday night will have a further negative impact on sterling and could hit gilts too, analysts have suggested.

Moody's has stripped the UK of its AAA credit rating on fears over rising government debt and years of slow economic growth ahead.

Old Mutual Global Investors (OMGI) is proposing to merge away the Skandia UK Best Ideas fund of funds next month, Investment Week can reveal.

The FTSE 100 has moved back above 6,300 as investors shrug off a dismal Thursday to end the week on a more positive note.

Following an apparently disappointing outcome in 2012, there is greater optimism over growth prospects for the UK and other economies in 2013.

David Coombs, head of multi-asset investments at Rathbones, has decided to "reappraise his views" on the US after a trip to New York convinced him of the economy's growth potential.

Former world heavyweight boxing champion Mike Tyson is suing his financial adviser for allegedly embezzling more than $300,000 from him.