News

PIMCO's Bill Gross said the US economy needs to grow by 3% and upwards for several quarters in order to avoid another round of QE.

Sarasin's managing partner and CIO Guy Monson has stepped down as manager of the group's Global Equity Income and International Equity Income funds.

Ex-GAM manager Mansfield Mok has revamped his investment strategy for the launch of EFG Asset Management's New Capital China Equity fund.

Barings' Khiem Do has said the chances of the Federal Reserve carrying out QE3 are remote, with economic indicators in the US still "reasonably strong" and by no means justifying further action.

Shares in Barclays fell in early trading as investors were once again forced to deal with another potential scandal at the bank, following confirmation the SFO is investigating deals it made during the credit crisis.

Today Barclays has been hit with another scandal which has been bubbling along in the background for some time, but with a new chief executive also arriving, do the bank's shares look attractive?

Fraudsters based in Belgium have used the Financial Services Authority (FSA) register details of a St James's Place partner to dupe consumers.

David Hickey has resigned from his post as executive chairman of Lighthouse Group.

Matrix Group is closing both its UCITS platform and its Asia sub-fund later this year.

Scottish Widows Investment Partnership has hired Alan Bridges as a replacement for Graeme Troy, to head up the UK rates team.