News

Henderson's European equity managers Bill Stormont and Paul Casson have both left the firm, along with smaller companies manager Simon Savill.

SHOULD YOU BE WORRIED ABOUT INFLATION?

Veteran investor Warren Buffett has said US banks have strengthened their capital positions to a level where they no longer pose a threat to the economy.

Today the MPC left interest rates untouched for another month in a widely expected move, while leaving quantitative easing on hold, but calls for the Bank to take a more pro-active approach to boost growth are getting louder.

The Bank of England's Monetary Policy Committee (MPC) has once again kept interest rates unchanged and quantitative easing on hold in a widely expected decision.

Rathbone Brothers saw total funds under management rise 13.4% to £18bn in 2012 but the underlying rate of growth slowed in what it described as a "challenging" year.

Brooks Macdonald Funds has launched two new products, the Global Equity Income fund and the Defensive Capital and Income fund.

Mirabaud Asset Management has launched a new multi-asset strategy called Dynamic Allocation.

The Financial Ombudsman Service (FOS) is proposing to increase the individual fee for firms who have complaints against them from £500 to £550 per case, but will also up the number of 'free' cases to 25.

The Financial Ombudsman Service (FOS) has said the number of complaints it has received about investments has increased by a third this financial year.