News

Incidences of whistle-blowing to the Financial Services Authority (FSA) have increased markedly since the onset of the financial crisis four years ago, figures suggest.

The devastation caused by Hurricane Sandy over the past few days could cost the US economy as much as $20bn, according to the latest estimates.

Demand for Standard Life Investments' popular MyFolio range has helped the business grow assets under management to almost £80bn, the company said today.

Fund groups have closed dollar denominated funds today as New York was declared a major disaster area following the devastating impact of Hurricane Sandy.

France's economy is looking increasingly troubled and it could be the next eurozone domino to fall, investors at Legal & General Investments and Carmignac Gestion have warned.

Standard life Investments has expanded its GEM range with the launch of an offshore Global Emerging Markets Unconstrained fund for Ross Teverson.

The Association of Investment Companies (AIC) has backed industry calls for the FSA to relax planned rules restricting the sale of EIS and VCTs to retail investors.

Mining stocks and oil giant BP provided a lift for London's FTSE 100 today as a huge storm hit the eastern United States, keeping Wall Street closed for a second day.

The IMA's latest sales figures show investors are returning to risk assets, as net retail sales of equities outstripped fixed income funds for the first time in a year.

Hargreaves Lansdown's widely followed Wealth 150 list of recommended funds has fallen by almost a third amid a lack of decent active funds and some soft-closures.