News

Last week the yield on UK gilts dropped below US treasuries as the Bank of England's quantitative easing programme continued to impact the market.

Henderson Global Investors has merged its Managed Distribution fund into its Cautious Managed offering, with managers John Pattullo and Jenna Barnard joining Chris Burvill on the combined portfolio.

The number of companies, governments and other institutions facing downgrades doubled in the first half of 2012, according to Fitch Ratings.

Former Cabinet Secretary Lord O'Donnell has emerged as one of the leading frontrunners to take the role of Barclays chairman.

Man Group was the biggest winner in early trading in London, with its shares up 10.2% to 76.20p.

The Financial Services Authority (FSA) is planning to ramp up its efforts to make consumers aware of the Retail Distribution Review (RDR) next month.

Moody's has warned the outlook for Germany's AAA credit rating is negative, citing risks to the country from a possible Greek exit and wider eurozone troubles.

Schroders' head of UK and European credit Adam Cordery has left the firm.

Six men have been convicted of offences relating to insider dealing which netted them £732,000 in profits.

Goldman Sachs Asset Management chairman Jim O'Neill looks back over a week of mixed economic indicators from two of the world's leading powerhouse nations.