News

Newton is to launch a Managed Income fund to retail and institutional clients, giving investors a single port of call for access to strategies run by Tineke Frikkee, James Harries, Jason Pidcock and others.

First State Asia Pacific Leaders manager Angus Tulloch has warned investors political stability in China is "increasingly fragile" in the aftermath of the Bo Xilai scandal.

HSBC has announced a fall in profits in the first three months of the year after the bank revalued its debt pile.

A man convicted of insider dealing has been ordered to pay more than half a million pounds in a confiscatatiion order.

Jupiter has launched a Dynamic Bond fund for strategic bond manager Ariel Bezalel.

Peter Smith, head of investment policy at the Financial Services Authority, is to exit the regulator shortly, Investment Week can reveal.

France's AAA credit rating is safe, according to ratings agency Fitch, which has reassured market the election of Socialist President Francois Hollande has no implications for the country's credit rating.

Yields on UK debt were heading towards record lows in morning trading as worries over election results in Europe and news Spain may be forced to prop up its banking system spooked investors.

Philip Shaw, Investec's chief economist, expects the Bank of England to extend its quantitative easing programme on Thursday, arguing more liquidity needs to be pumped into economy to drag the UK out of recession.

French and Greek election results have spooked investors, as strong opposition to austerity reignites fears over the future of the single currency.