News

Invesco Perpetual has made its head of marketing Rick White redundant.

Invesco Perpetual has handed top-performing UK manager Stephen Anness its Global Opportunities fund as part of a reshuffle of its equities division.

The board of the £28m UK Select trust has announced the company will rebrand under the Threadneedle name early next year, subject to shareholder approval.

The year started off well for US investors as its major stock markets hit fresh highs in the first half.

Sports Direct investor Crispin Odey has labelled its founder Mike Ashley "a genius" and said he is fully behind a bonus scheme, which would see Ashley scoop a £39m payout.

Swiss bank UBS is expected to receive a $1bn fine, to settle LIBOR manipulation allegations, according to reports.

The incoming Bank of England governor Mark Carney has sparked speculation he will push for the removal of the UK's CPI inflation target if the mediocre recovery in the UK takes another tumble, but is it a good plan?

The Queen has spoken about "lax" City workers and a banking regulator which "did not have the teeth" to intervene as she discussed the causes of the financial crisis during a visit to the Bank of England.

Standard & Poor's has become the third main credit rating agency to put the UK's AAA rating on "negative" watch.

Skandia is planning to seed its new ‘Select' fund range with substantial institutional money from its life book in exchange for groups surrendering margin to join the exclusive panel of funds.