News

Members of the Treasury Select Committee have published a special review of the government's "defective" banking reforms, according to reports.

Fitch has cut's Spain's credit rating by three notches to BBB as estimates for the size of the bailout it needs balloon.

Pictet Asset Management's Adrian Hickey, head of Japanese equities, highlights five attractively valued small-cap stocks set to benefit from the nation's post-earthquake reconstruction spend.

Aviva Investors' Chris Higham has taken his cash and government bond weighting to a record high following outperformance in the credit markets and his doubts over the US recovery.

Marlborough's top-performing small-cap manager Giles Hargreave has increased his holding in retailer Sports Direct in the £513m Special Situations fund, ahead of the start of Euro 2012.

Invesco Hong Kong has announced Samantha Ho, lead manager of the £175m Invesco Pepetual Hong Kong & China fund, has left the firm.

China's move to cut rates should provide a boost for beaten up stock market sentiment in China, said Henderson's Charlie Awdry.

Global equity indices surged higher after China cut interest rates for the first time in four years in a bid to support growth and combat economic slowdown.

The Bank of England's Monetary Policy Committee (MPC) today resisted calls to expand its quantitative easing programme and cut interest rates, even though the UK is officially back in recession.

UK income funds face a new threat from the eurozone crisis if the pound continues to strengthen against the single currency, leading managers have said.