News

The High Court has ruled HM Revenue and Customs' 2010 tax deal with Goldman Sachs was not illegal.

UK North Sea oil production represents a key opportunity for UK equity managers as capex increases and production ramps up, according to AXA Framlington's Nigel Thomas.

US-based Janus Capital has replaced the manager of its US Twenty fund Ron Sachs, who will exit the group this month.

New business at insurance giant Aviva was up 18% in the three months to 31 March, reaching £191m, according to its latest results.

The Japanese economy grew faster than any other G7 country in the first quarter of the year, reflecting the benefit of Prime Minister Shinzo Abe's expansionary policies.

Oil majors BP and Shell could face hefty fines if they are found to have manipulated the oil price, the UK's energy secretary has warned.

Cofunds is to hire Suffolk Life's David Hobbs as managing director of operational services in the latest shake-up at the platform.

Charles MacKinnon, chief investment officer at Thurleigh Investment Managers, has named five funds he is backing as he looks to boost exposure to equities in his portfolios.

Verona Smith, Cofunds marketing director, has exited the platform following its takeover by Legal & General, Investment Week understands.

London & Capital has launched a private office targeted at ultra high-net-worth financial services professionals.