News

Old Mutual Global Investors (OMGI) is planning to relaunch a number of funds in its range, with global equities, Asia and emerging markets touted as major growth areas.

Japan Q2 GDP has come in well short of expectations as annualised growth of just 2.6% deals a blow to 'Abenomics' advocates.

HM Revenue & Customs (HMRC) has defended the publication of a tax evaders 'most wanted' list amid criticism from the Labour Party.

Business Secretary Vince Cable has warned the government's 81% stake in Royal Bank of Scotland may not be sold off for another five years, arguing a quick sale of shares is unlikely.

UBS Global Asset Management is closing its European Equity fund in September due to poor performance and dwindling assets.

Former Financial Services Authority CEO Sir Hector Sants is to join the board of the British Bankers' Association (BBA) lobbying group, according to reports.

Standard Life aims to convert all investments currently held in bundled share classes on the platform to their unbundled ‘clean' equivalents by the end of the year, it announced today.

US markets could be heading for a 1987-style crash, according to Swiss investor Marc Faber.

A trio of brokers have raised their forecasts for Henderson after a positive set of interim results convinced them that the FTSE 250 group can excel in future.

Martin Cholwill is backing 'British leaders' in the mid-cap space, especially in the industrials sector, in his £500m Royal London UK Equity Income fund.