News

Investment veteran Jim Rogers did not vote for either leading candidate in the US presidential race as he does not think either man can save the economy.

MAM Funds' Simon Callow has been adding risk back into his £190m CF Midas Balanced Growth fund over the last quarter as policymakers work to steer the eurozone into recovery mode.

Matrix Group has been placed into administration, and parts of the business are already in the process of being liquidated.

The FTSE 100 is approaching an 16-month high today as investors around the globe welcomed Barack Obama's US election victory.

RWC has unveiled a Cayman fund to be managed by the European focus team, which recently joined from Hermes.

Wealth manager Rathbones has acquired Taylor Young Investment Management's private client business in the first of a string of acquisitions for the group in the sector.

Old Mutual said it is "progressing well" with plans to build Old Mutual Wealth into a leading wealth management business, but is taking further steps to address its cost base.

London's financial sector will slash 13,000 jobs next year, and bring job levels to a 20-year low in 2014, according to a forecast study.

Aviva Investors' Andrew Lake is set to join Mirabaud Asset Management in the new year.

Barack Obama has led the Democrats to victory in the US elections, being appointed for a second four-year term as President, defeating his Republican opponent Mitt Romney.