News

PSigma's income manager Bill Mott has warned banks will never be able to return to the pre-crisis days of stellar profits.

The FSA has flagged up a number of consumer risks associated with exchange traded products (ETPs) in a fact sheet published today.

Schroders is preparing to launch a fund of funds investing in a range of the group's own Maximiser and fixed income portfolios.

Wall Street fell on the opening bell, building on losses seen in European markets today as macro fears dampened sentiment.

Investors are concerned recent sharp moves in Apple's share price are distorting returns for the wider US market, suggesting some indices may have to be rebalanced to lessen the tech giant's dominance.

ING Investment Management is set to unveil a Euro Covered Bond fund aiming to offer investors low risk access to the European corporate bond market from issuers including banks.

Shaun Meadows, group product and channel strategy director at Aviva Investors, has become the latest employee to leave the company.

Witan has restructured the management line-up of its £160m Pacific investment trust, bringing in Matthews International Capital Management and MW GaveKal Asia Ltd to replace Nomura Asset Management.

Franklin Templeton is launching an Africa fund for veteran investor Mark Mobius, making it the latest fund group to test investor appetite for the world's second-largest continent.

The Financial Services Authority (FSA) has lost a test case involving UBS in which it tried for the first time to punish a senior manager for inadequate supervision rather than for errors he personally committed.