News

Unicorn UK Income manager John McClure said wealth manager Brewin Dolphin has the potential to increase margins by over 50% as it catches up with its peers in the sector.

Threadneedle is reorganising its fixed income department with the creation of a global macroeconomic strategy group as EMD head Richard House departs the group.

Newton's Iain Stewart has warned investors not to be too encouraged by the recent recovery in markets and GDP figures, warning structural headwinds could derail growth in the second quarter.

Legg Mason's £562m bond fund manager has overhauled his high yield exposure on eurozone fears, selling out of the secondary market and turning to primary issuance.

Worse than expected UK trade deficit data for February suggests net trade will have been a drag on GDP growth in the first quarter, according to Capital Economics.

Reports of a 'light sheen' of oil found near production sites in the Gulf of Mexico sent shares in the UK oil majors lower this morning.

Wealth manager Williams de Broë will be renamed Investec Wealth and Investment following last year's takeover of the group.

George Soros has said Germany's central bank must recognise its policies may be increasing the threat of a deflationary debt trap in the eurozone.

The US Attorney General has filed a civil antitrust action against Apple and a number of publishers accusing them of colluding to sell e-books for higher prices.

Skandia Investment Group (SIG) has expanded the management line-up of its £1bn Global Dynamic Equity fund, handing a £20m mandate to Asia specialist Andrew Dalrymple, at Aubrey Capital Management.