News

Apple shares have hit their lowest levels in a year and half, after a supplier hinted at a slowdown in iPhone and iPad production.

Markets in the US and Asia moved lower overnight as expectations of a weak update from Apple hit technology shares, while tumbling commodity prices impacted mining stocks.

The IMA is to create a "classy, comprehensive and responsive" help centre for fund groups looking to set up shop in the UK.

The Financial Ombudsman Service (FOS) has ruled in favour of five clients who invested almost £2.6m via their IFA 20Twenty Independent in a film scheme.

Gold has fallen deep into bear market territory after holders of the precious metal dumped it en masse over the past few days, but does this represent a major opportunity for canny investors to buy back in?

Standard Life Investments (SLI) has hired Jeremy Lawson from BNP Paribas to boost its multi-asset capabilities.

Investors and backers of Richard Buxton's UK Alpha Plus fund have reacted positively after the group revealed it has poached well known managers from Jupiter and Neptune to replace the outgoing star.

Schroders has poached Jupiter's Philip Matthews and Neptune's Alex Breese to replace Richard Buxton and Errol Francis when they move to Old Mutual Global Investors.

Tesco has reported its first decline in annual profits for two decades after taking a £1bn hit from exiting the US market.

Hargreaves Lansdown has topped the FTSE 100 index in early trading after reporting record levels of assets under administration in its quarterly results this morning.