News

A total of 162 firms have been included in proceedings launched by the Financial Services Compensation Scheme to claw back money paid out to investors in Lifemark-backed Keydata products.

Artemis Global Energy fund managers John Dodd and Richard Hulf have shifted their portfolio more towards mid and large cap holdings as the fund gains assets faster than expected.

The Financial Services Authority (FSA) has been told by a judge that it must destroy privileged attorney-client emails it obtained as part of its investigation into Keydata.

The latest addition to Schroders' bond team has been adding Spanish government bonds across several portfolios in the view Spain is too big to fail.

Allianz Global Investors is to launch a range of risk-rated multi-asset funds in response to growing demand for "outcome-orientated" solutions.

Venture Capital Trusts(VCTs) have posted another strong fundraising year in 2011/12, with £330m of new shares issued in difficult market conditions.

Paul Tucker,deputy governor of the Bank of England, has warned inflation will be higher than expected this year, following yesterday's unexpected rise in CPI.

Each of the nine members of the Bank of England's Monetary Policy Committee (MPC) voted to hold interest rates at the historic low of 0.5% this month, minutes from their latest meeting show.

Schroders has launched a Luxembourg-domiciled Global Multi-Asset Income fund for recent hire and multi-asset head Nicolaas Marais.

Reports suggesting Bank of Canada governor Mark Carney is being lined up to replace his Bank of England (BoE) counterpart Sir Mervyn King have been denied.