News

HSBC Income fund of funds manager Julian York said his policy of "not looking to shoot the lights out" has helped guide him to the top quartile of the IMA Mixed Investment 20-60% Shares sector.

Business secretary Vince Cable (pictured) is set to announce plans today which will force companies to take binding votes on executive pay every three years.

Liontrust Asset Management has posted a loss after tax over the year to March following a series of acquisitions for the firm over the last 12 months.

Tom Naughton (pictured), manager of the Prusik Asian Equity Income fund, outlines five lesser known equities offering a high dividend yield, which are largely immune from the macro uncertainties plaguing developed markets.

Wall Street opened higher this afternoon as investors anticipated central bank stimulus measures would be forthcoming when the Federal Reserve's policy meeting concludes on Wednesday.

PIMCO's Bill Gross is wary of German bunds, saying there are few scenarios which they can do well and eurozone turmoil is hurting German balance sheets every day.

Executive remuneration in the UK financial sector is "wildly out of line" with other parts of the market, according to outgoing IMA chief executive Richard Saunders.

Investec has extended its Latin American equity range with the launch of a smaller companies fund run out of the Americas by LatAm specialist Compass Group.

M&G has expanded its multi-asset range of funds with the addition of a defensive portfolio, as part of a wider move to rebrand the range.

Aspirational consumers with an insatiable appetite for luxury Western brands are growing in numbers throughout emerging markets, where favourable demographics have created a generation of young workers with spending power.