News

UBS Global Asset Management has hired BNY Mellon's ex-head of investment solutions Ryan Rajkumar.

US and Asian equity markets rallied overnight as talk of US politicians reaching a deal to avert the fiscal cliff helped sooth investor worries.

Shares in Barclays led the FTSE 100 leader board today as investors reacted to an upgrade from Goldman Sachs.

Wall Street opened higher today as optimism from early-stage talks in Congress about tackling the US fiscal cliff spread to markets worldwide.

Hector McNeil, an ex managing partner of ETF Securities, has predicted major consolidation in the ETF industry over the next few years.

GILT SELL-OFF

Henderson's Richard Pease expects improving economic indicators, combined with hedge funds putting their cash back to work in equities, will lift European markets towards the end of the year.

Oil giant BP is planning to spend up to £3.7bn in a share buyback, in an attempt to breathe new life into its flagging share price, according to reports.

Investec Bank is offering investors looking for alternative investment ideas the opportunity to invest in a new fleet of aircraft.

Global markets rallied today after fiscal cliff talks between President Barack Obama and Congressional leaders stepped up a notch over the weekend.