News

Edouard Carmignac said his group is firmly in the China soft landing camp, but has hedged large chunks of its €50bn portfolios against short-term risks.

Butterfield Bank's David Stewart has been named as CIO at Santander AM following the departure of John Berman, who is moving to a similar position at Thomson Miller Investment.

First State's joint managing partner Angus Tulloch is stepping back from his role to concentrate solely on fund management.

Tom Dobell, manager of the £7.8bn M&G Recovery fund, has warned BP it must up its game or risk being snapped up by another oil major.

The UK's unemployment rate showed a surprise fall from 8.3% to 8.2% in the first quarter, according to the latest figures from the Office for National Statistics.

Billionaire investor George Soros sold out of Google in the first quarter of the year but built positions in US financials, latest filings reveal.

Offloading the taxpayer stakes in Royal Bank of Scotland and Lloyds Banking Group could take years, the Treasury select committee was told yesterday.

With the spot price of gold at year lows even as equity markets grow nervous over the eurozone once again, analysts are divided on the precious metal's prospects as a safe haven.

Liontrust has rebranded the three funds it brought from Walker Crips, run by Steve Bailey and Jan Luthman.

Vanguard Asset Management has launched its first UK exchange-traded fund range with a five-strong offering of physical ETFs.