News

Managers are increasingly concerned about the future resilience of UK dividends as payouts hit record levels and a slowing economy prompts the need for companies to reallocate capital.

Investors who bought into BP shares around the time of the 2010 Gulf of Mexico disaster have filed lawsuits claiming the company did not disclose the full extent of the spill, according to reports.

The Financial Conduct Authority (FCA) will lay down a marker to the financial services industry by widening the scope of the incoming commission ban on retail investment sales, according to a report in The Independent.

Principal Investment Management has acquired discretionary investment manager Iain Nicholson Investment as it expands its presence in the regions.

Berry Asset Management has unveiled a lower cost investment proposition in preparation for the Retail Distribution Review.

Investors are preparing for a sell-off in equities if policy action in the US and Europe fails to be aggressive enough.

BlackRock's ETF arm iShares plans to hire at least six people for its UK-based business to prepare for RDR next January.

Gold miners and their peers helped push the UK's leading index higher today, enjoying gains as precious metal prices rose.

Schroders is to launch a Global Macro Bond fund for Bob Jolly, a long/short fixed income vehicle targeting a yield of LIBOR plus 8%.

Legal & General Investment Management (LGIM) has hired Marion Stommel from institutional house WestLB Mellon Asset Management (WMAM) as its new head of credit, following the departure of Christophe Tamet.