News

BUDGET 2013

The Chancellor is expected to offer a lifeline to six million children by allowing savings in child trust funds (CTFs) to be switched into Junior ISAs (JISAs).

Investment Week and IFAonline today bring you LIVE coverage of all the measures from George Osborne's fourth Budget.

The Bank of England voted 6-3 against more quantitative easing this month, saying a further round of purchases could cause an "unwarranted depreciation in sterling".

Legal & General Investment Management's fixed income manager Richard Hodges has cautioned investors to be prepared for another four years of record low interest rates in the UK.

Fidelity's Ian Spreadbury is taking a contrarian stance compared to his peers in the bond sector, maintaining interest rate risk in his portfolios as other managers are reducing duration.

European markets ended Tuesday lower as concerns over Cyprus and uncertainty over the European debt crisis weighed on investor confidence.

Richard Buxton's Schroder UK Growth trust has moved onto a wide discount following news of the manager's departure for Old Mutual Global Investors.

George Osborne has asked Whitehall departments to make a further £2.5bn of cuts, as he prepares to present a gloomy Budget 2013 later today.

Gottex Fund Management is to take a majority stake in UK multi-asset boutique Frontier Investment Management.