News

Liontrust has chalked up its eighth successive quarter of net inflows for the three months to 30 June 2012 as it builds on its acquisition of Walker Crips.

Eurozone economies are in critical danger and in dire need of expansive quantitative easing measures from the ECB, according to an International Monetary Fund (IMF) staff report.

BlackRock, the world's largest money manager, has reported its profits fell 11% in the second quarter, as the global downturn in markets cut into fee income.

Invesco Perpetual's Paul Causer, Paul Read and Nick Mustoe have invested over 75% of their new Global Financials fund into banks, the fund's first monthly update reveals.

The pace of new housing starts in the US has accelerated to its fastest rate in three years, providing a bright spot for US investors unsettled by weakening macro data.

Equity markets around the world have struggled to make headway this year, with many major indices giving up gains made early on to leave them standing flat or down for 2012.

BlackRock's Andrew Williamson-Jones, manager of the £162m global equity fund, is to leave after nine years at the company.

The Financial Services Authority (FSA) has banned a mortgage adviser following his role in a multi-million pound fraud, for which he was sentenced earlier this year.

The Association of Independent Financial Advisers (AIFA) has set out plans to the Treasury on how regulatory fines could be used to transition the Financial Services Compensation Scheme (FSCS) to a pre-funded system.

The Bank of England said it may reconsider the case for cutting interest rates once the impact of the new funding for lending scheme becomes clear.