News

Hargreaves Lansdown has written to clients invested in the Schroder UK Alpha Plus fund, previously run by Richard Buxton, stating the new management team is not of the same 'calibre' as the veteran investor, and provided documents to enable them to switch...

Eurozone countries face a decade of deflation and stagnation if governments fail to tackle debt and slow growth plaguing the region, Standard Life Investments' global strategy head has said.

Aviva Investors has appointed John Misselbrook as interim CEO to replace Paul Abberley.

The UK economy delivered growth of 0.3% in the first quarter of the year, the final reading from the Office for National Statistics has confirmed, but revisions to previous readings mean there was no 'double-dip' recession.

Bond fund managers have been returning to emerging market debt in the last few days following the dramatic sell-off in the sector, after a strengthening dollar sent prices spiralling.

The Bank of England has revealed controversial plans to relax rules governing safety standards for lenders in a bid to provide a £70bn boost to the economy.

Britain's top bank regulator has called for 'ground rules' on lobbying to prevent it destabilising the financial system.

Global equities climbed overnight as poor growth figures from the US allayed fears the Federal Reserve will soon slam the brakes on its stimulus programme.

Insight Investment has hired Philip Anker for the newly created role of global head of distribution, in a move to expand its international business.

Barclays Capital is to close both the onshore and offshore versions of its Radar fund after failing to attract sufficient investor demand, Investment Week understands.