News

Investors should snap up bargains in US healthcare, technology and financial stocks which offer better value than any time over the past 60 years, Legg Mason's chief investment officer Sam Peters has said.

Barry Norris, founding partner and chief investment officer at Argonaut Capital Partners, has said the collapse of the BAE/EADS merger today is a "triumph for common sense."

James Du Boulay, head of fund distribution at JO Hambro Investment Management, has left the firm.

Opposition from politicians and investors including Invesco Perpetual has led defence giants BAE and EADS to scrap their proposed merger.

The London Mayor Boris Johnson said yesterday he wants to cut the top tax rate further, from 45p to 40p in the pound.

Prime Minister David Cameron has warned the UK is facing an "hour of reckoning" in his speech to the Conservative Party conference.

Aberdeen's head of emerging market debt has bought into Russian and Indian currencies for the first time, as rising commodity prices and economic reforms boost both investment cases.

Shares across Europe are trading lower after Japan led Asian indices lower overnight, with the FTSE 100 on course for its third consecutive day of losses.

Investec emerging market debt head highlights growth and stability as Nigeria joins J.P. Morgan index.

The latest round of QE from the US Federal Reserve may not be enough to prevent the global economy from experiencing a deflationary episode, according to Sebastian Lyon, manager of the £2.2bn Troy Trojan fund.