News

Aberdeen has launched a Strategic Bond fund for its London-based global credit team.

The Office for Budget Responsibility has rebuked David Cameron over his claim austerity is not to blame for the UK's sluggish economy.

US treasury yields have jumped to an 11-month high after better-than-expected US jobs data boosted market sentiment.

Miton will add a new equity fund to its range on 18 March with the launch of the CF Miton US Opportunities fund for recent hires Nick Ford and Hugh Grieves.

While markets are nearing - or passing through - nominal highs, in reality, UK shares would need to climb much higher just to meet inflation-adjusted pre-crisis highs of 2007.

The Absolute Return sector - soon to be renamed Targeted Absolute Return - has often divided investors, particularly during down markets when some funds have failed to deliver a positive return.

Shares in Schroders have climbed over 1% in early trading on the FTSE 100 as UBS removed its ‘sell' rating and investors grow more optimistic over the asset manager's prospects.

The Financial Services Authority (FSA) has criticised an independent consultant appointed to review the Arch cru funds for banned adviser Stephen Danner.

The managers of the Ruffer investment trust are concerned further monetary easing may lead to another financial crisis on a par with 2007/8 as talk of yet more stimulus fuels 'risk-takers'.

Two of Pictet's emerging markets team, including Russia fund manager Peter Jarvis, have left Pictet Asset Management(PAM), Investment Week can reveal.