News

Schroders' head of UK equities Richard Buxton has publicly backed financier Nat Rothschild in his latest attempt to replace the board of coal miner Bumi.

HSBC says sterling will weaken this year as it faces a "triple cocktail" of potentially destructive factors from China, the US and the eurozone.

The euro crisis is over, according to European Commission president José Manuel Barroso.

David North, head of asset allocation and head of global high yield bonds at Legal & General IM, is to leave the group after 12 years.

Global equity markets have eased back from last week's highs despite European financials rallying after regulators softened proposed new rules.

Investec Asset Management has hired Argonaut head of distribution John Lester to its UK client group as it beginnings rolling out its RDR proposition.

The current equity rally is sustainable but investors should not forget the longer-term impact of inflationary policies , according to Jupiter CIO John Chatfeild-Roberts.

Charles Stanley has appointed Douglas McNeill as investment director for its new direct-to-client service, due to launch at the end of March.

Aberdeen's head of emerging market debt expects emerging market currencies to be the key drivers of superior returns from the asset class in 2013.

Senior backbench MPs are being lobbied to set up a powerful US-style committee that would scrutinise the public finances as a whole and try to head off major fiscal disasters.