News

The son of troubled overseas property company Harlequin's chairman has been disqualified from being a company director for 13 years.

The Financial Services Compensation Scheme (FSCS) has so far compensated 1,700 claimants with a total of £32m in relation to the failed CF Arch cru funds.

Fund buyers have been rotating their equity exposure from growth to value plays, to take advantage of improving global economic conditions.

Tineke Frikkee has bought into Lloyds as a play on the housing recovery, in one of her first trades since joining Smith & Williamson to run its £9m UK Equity Income trust.

Markets across the continent were lower in morning trading as investors reacted to heavy selling in emerging markets.

A boutique wealth manager offering a bespoke private client service is to launch its first retail fund as it seeks to diversify its business.

Hargreaves Lansdown is in talks with a number of fund groups to secure exclusive deals to sell their passive products at discounted prices.

Fidelity Worldwide Investment has expanded its regional equity income fund range with the launch of an onshore Asian income fund for manager Polly Kwan.

S&P Capital IQ is to explore strategic alternatives for its fund research business following an internal review.

Leading UK companies' profits dropped 34% over the year to end-March, according The Share Centre's Profit Watch UK research report.