News

Newton's James Harries has urged investors to hold back before redeploying cash into Europe.

The Bank of England's Monetary Policy Committee is split over whether to commit to further quantitative easing, according to minutes from this month's meeting.

RSM Tenon Group has posted revenues down 8.8% to £208m after a "really tough" year which saw 400 staff made redundant.

Mirabaud Asset Management's Daniel Tubbs joined the firm from BlackRock earlier this year, where he was co-head of emerging markets.

The Royal Bank of Scotland (RBS) has exited the government's Asset Protection Scheme designed to insure against toxic assets.

A positive start to the third quarter earnings season has lifted equity prices higher on the major US and European markets.

Major European indices strengthened this afternoon as speculation over a Spanish bailout ramped up a notch.

Strong performance from Debenhams and Lloyds Banking Group have helped drive returns for Schroders' Richard Buxton this year, and the manager is holding on to all his mining positions despite a recent slump in prices.

Skandia CEO Peter Mann has said the firm will target restricted advisers as part of a plan to become an integrated wealth manger.

Paul Feeney, chief executive of Old Mutual Wealth Management, said the firm is aiming to become the number one wealth manager in the UK, following its merger with Skandia.