News

Lindsell Train co-founder Nick Train has argued investors should not try to make money in equities by playing market cycles.

European equities lost ground in afternoon trading ahead of a crucial EU summit, as Spain officially asked its eurozone neighbours for a bailout.

The Bush era tax cuts due to expire at the end of the year could send the US economy back into recession unless Congress intervenes, according to leading commentators.

Strategic bond managers have been reducing high yield exposure in anticipation of a default rate spike in the second half of the year.

Vanguard chief investment officer Gus Sauter will retire at the end of the year after a 25 year spell at the firm.

Sam Vecht, head of BlackRock's emerging Europe equity team, has upped his weighting to Russia by 15% in recent months, on the view the country's equity market could significantly re-rate.

Former Prime Minister Tony Blair said the UK must keep open the option of joining the euro if the current crisis is resolved.

There are too many small, illiquid investment companies within the closed-ended sector which will struggle to win a place on wealth manager buy lists post-RDR, argues Standard Life Investments.

The Bank of England should pump £50bn more into the "stalled" UK economy to kick start the recovery, according to MPC member David Miles.

Incoming 3i chief executive Simon Borrows will this week announce plans to cut staff and shut a number of the group's overseas offices, according to reports.