News

The Swiss central bank "aggressively diversified" into UK gilts in the third quarter, providing a boost to sterling, but the end of this process could be damaging to the currency, according to analysts at Nomura.

Hermes Fund Managers has launched an Emerging Asia fund for manager Jonathan Pines.

Liontrust is to launch an offshore version of its popular Special Situations unit trust early next month.

Fidelity's Ian Spreadbury has snapped up some Italian and Spanish sovereign debt, as well as corporates in both regions, to provide his funds with some extra yield.

The soaring share price of Lions Gate Entertainment and Disney's $4bn acquisition of Lucasfilm demonstrate the increasing power of content providers, according to Alliance Trust Asset Management's Justin Atkinson.

High street bank staff who missed sales targets were named and shamed, forced to work late and threatened with the sack, according to the Unite union.

Walker Crips has agreed to sell corporate advice subsidiary Keith, Bayley, Rogers & Co to BMV Investments as it focuses on core businesses.

Legal & General has said it is preparing to launch its RDR proposition on 19 November as it announces interim results for the first nine months of the year.

US regulators have proposed a $470m fine for Barclays after the bank was found to have manipulated the American electricity market.

Henderson reported net outflows of £1.129bn in Q3, with net retail outflows making up £296m of the total.