News

Sanlam's top-performing financials manager Kokkie Kooyman has warned investors they should be wary of owning companies which are highly correlated to equity markets ahead of an expected correction.

The Financial Services Authority (FSA) has published its answers to another batch of advisers' questions on the Retail Distribution Review from its recent events...

The trader suspended from GLG amid an FSA insider dealing probe worked on co-founder Pierre Lagrange's European long/short fund, Investment Week can reveal.

Shares in Edward Bonham-Carter's Jupiter Fund Management raced back towards record highs today after a bumper set of results showing growth in profits of around 5%.

Kames Capital is to remove the performance fee on its Kames UK Equity Absolute Return fun, managed by David Griffiths and David Pringle, after reaching £100m in size.

Colin Jelley has returned to Skandia as head of wealth planning following a brief stint at St James's Place (SJP).

The Financial Services Compensation Scheme (FSCS) will not compensate investors bringing claims against Rockingham Independent for allegedly negligent advice - meaning there will be no additional levy for advisers.

A Supreme Court victory for the Financial Services Authority (FSA) could result in the regulator becoming more litigious, according to law firm Taylor Wessing.

Royal Bank of Scotland has posted a pre-tax loss of £2.2bn in the fourth quarter, taking full year 2012 losses to £5.2bn, but despite the results the bank said the government is much closer to selling its stake.

St James's Place (SJP) saw profits rise 23% in 2012 compared with the previous year, thanks in part to higher income from funds under management, which again were a record for the business.