News

Premier has expanded its global equities team with the appointment of James Smith who joins from Utilico in June.

Two top Japan equity managers are at odds over the country's prospects, with one declaring the "years of hurt are over" while the other forecasts "fiscal destruction".

Man Group has reported net outflows of $1bn in the first quarter, down from $2.5bn in the fourth quarter of 2011, as its flagship AHL product continues to impact on funds under management.

A strong pound could damage both the economy and portfolios as sterling hits new highs and the UK enters a technical recession for the second time in three years.

Equity investors who ‘sell in May and go away' look well placed for a third consecutive year of outperformance, according to research from Dennehy Weller's FundExpert.co.uk platform.

Lloyds Banking Group has set aside an extra £375m to cater for a new raft of compensation claims related to the mis-selling of payment protection insurance (PPI).

Oil major BP saw profits fall in the first quarter of the year, led by its downstream business, but has held its dividend at 8 cents per share.

London's blue chip index was in negative territory this afternoon, snapping a four-day winning streak as eurozone concerns once again came under the spotlight.

Eurozone inflation has declined to 2.6%, down slightly from 2.7% in March, but still well above the ECB's 2% target.

Eclectica's Hugh Hendry has warned investors taking big bets on China are in line for huge losses, while Asia will be the focal point for the next market crisis.