News

Nigel Cuming, CIO of Canaccord Genuity Wealth Management, is considering allocating to European equities and property as equity markets continue to rally.

Brown Advisory has brought together its small-cap growth and value strategies to launch a US Small-Cap Blend in its UCITS range.

HM Revenue & Customs (HMRC) successfully prosecuted more than 600 people for tax evasion in 2012-13, more than double the amount in the previous 12 months and well ahead of its target for the year, figures show.

M&G Investments has regained its number one position on the Pridham fund sales list, knocking BlackRock off the top spot.

Alan Hughes, the former chief executive of First Direct, is to lead a £1bn bid to buy 315 branches of Royal Bank of Scotland (RBS).

Aviva Investors is soft-closing its US Equity Income fund in early October, just over two years after inception, and plans to launch a new fund to meet growing investor demand for the strategy.

Franklin Templeton has hired former Insight and Armstrong manager Toby Hayes to manage a new multi-asset range, Investment Week can reveal.

Warren Buffett's company Berkshire Hathaway has reported a rise in profits of 46% in the second quarter following big gains from the firm's investment portfolios.

Investment bank Goldman Sachs has made a bullish prediction London's leading share index will break through its all-time high over the next 12 months.

The Chancellor will not sell any of the government's stake in Lloyds Banking Group until September, dashing recent hopes in the City of a sell-off as early as this week, according to reports.