News

Neil Tong, formerly head of UK equities at Alliance Trust, has joined SWIP's fixed income team as a senior credit analyst.

Newton's Iain Stewart is finally reaping the rewards of a move into gold miners following a strong rally in recent weeks.

Luxury fashion brand Burberry jumped almost 10% this morning after it reported better than expected trading following its profit warning last month.

Neptune's Felix Wintle has positioned the £400m US Opportunities fund to play the housing recovery theme as he predicts the sector is 10% undervalued when you consider the huge pent up demand about to hit housing starts.

Investment trust broker Winterflood has dropped Alexander Darwall's Jupiter European Opportunities trust from its buy list, deeming the trust too expensive to buy after its shares drifted onto a premium.

Witan's Andrew Bell will become chairman of the Association of Investment Companies (AIC) early next year, replacing Sarah Bates, who has stepped down after a two year spell in charge.

Goldman Sachs' internal investigation into allegations made by a former employee of a "toxic environment" within the bank has found little evidence to support the accusations.

Standard & Poor's has cut Spain's credit rating by two notches to one level above junk status, warning the government's policy options are limited as economic recession deepens.

The insurance arm of Royal Bank of Scotland begins trading today in the largest London listing of 2012.

The FSA should go further in its DFM transparency drive and oblige discretionaries to publish total expense ratios for their portfolios, according to David Tiller, director of strategy & business development at Standard Life Wealth.