News

Some mid-cap managers are allocating nearly 40% of their funds to stocks outside the FTSE 250, leading to a dip in performance as the index rallied over the last six months.

The US economy grew far less than expected in the first quarter of 2012, the latest data has revealed, potentially putting pressure on the Federal Reserve to keep stimulus measures in place for longer.

Chancellor George Osborne has said he will cap the country's welfare budget each year for the next four years from April 2015 - but the state pension will not be included.

An offshore property fund investing in student accommodation around the UK has been hit with claims investors cannot redeem their investments.

The co-founders of Armstrong Investment Managers are in talks over the future of the business as the power couple goes through a divorce.

Investment Week's Kyle Caldwell has scooped a prestigious award for his coverage of the investment trust industry for the second consecutive year.

The gold spot price hit a 33-month low today after positive US economic data strengthened the case for a tapering of quantitative easing, further eroding demand for safe havens.

Henderson has delayed commission payments to over 7,000 advisers for three weeks due to additional checks needed following the RDR.

Legal & General Assurance Society has acquired closed UK annuity buy-out company Lucida from LCM Holdings in a deal worth £151m.

Outgoing Bank of England (BoE) governor Sir Mervyn King has accused banks of attempting to influence financial regulation by putting pressure on senior politicians - including the Prime Minister.