News

Three people have been handed custodial sentences after pleading guilty to charges of insider dealing.

Scottish Widows Investment Partnership's head of wholesale distribution Kevin Addison has left the firm.

Legal & General Investment Management's bond manager Richard Hodges expects the Federal Reserve to unveil another round of Operation Twist later today.

UK Money Market funds swung back in to favour in May as investors looked to shelter money amid the ongoing eurozone debt crisis.

GLG co-founder Pierre Lagrange has outlined how the ECB could solve the sovereign debt crisis without resorting to eurobonds.

Almost one in five schemes say they have suffered from fraud in the past two years, representing a 55% rise compared to last year, according to research from Baker Tilly.

JO Hambro Capital Management is to launch a Global Opportunities fund as its UK Opportunities fund, run by the same managers, fast approaches its £1bn capacity limit.

The Bank of England's Monetary Policy Committee (MPC) voted five to four to maintain quantitative easing (QE) at £325bn this month, overruling the governor and three colleagues who called for further expansion.

The drop in inflation announced yesterday has paved the way for another round of quantitative easing by the Bank of England as early as next month, reports suggest.

Governments across Europe are set to buy Spanish and Italian bonds through two European rescue funds, a move the ECB hopes will send a signal to financial markets that Germany is behind the eurozone.