News

The Bank of England's Monetary Policy Committee is expected to vote against pumping more money into the economy when it meets this week, despite previous forecasts of a further £50bn injection.

Raymond James has become the first platform to distribute Hermes' UCITs fund range.

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The US added 171,000 jobs in October, a higher-than-expected figure that suggests the country's economic recovery remains on track.

Weaknesses in the Bank of England's forecasting process have been highlighted in a review by an ex-Federal Reserve official.

Baring Asset Management's chief investment officer said equity markets are facing the "mother of all rallies" before inflation, brought on by QE, brings the markets crashing down in five years' time.

Fund managers have raised cash levels in their equity and bond portfolios to levels last seen at the height of the Lehmans crisis as valuations in risk assets hit extremes.

The Financial Services Authority's (FSA's) move on self-invested personal pension (SIPP) disclosure rules poses a major challenge to all providers and adds no value for consumers, John Moret has said.

Pension and severance payments totalling £412,000 handed to the former chief executive of the Serious Fraud Office (SFO) have been ruled "irregular" by the National Audit Office (NAO).

Alliance Trust snapped up a £35m stake in European equities at the end of September to take advantage of ‘compelling valuations' across the continent.