News

After a volatile start to 2012, equity markets have staged a prolonged rally in recent weeks.

Over the last 10 years, 1,000 new funds have been launched every year in Europe across all asset classes, a Lipper report has found.

Money printing by developed world central banks is the equivalent of throwing gasoline on a fire and could damage the global economy in the long term, said Legg Mason's David Nadel.

PIMCO and Source have launched a product giving investors in Europe physical access to the short dated end of the high yield universe for the first time.

As Apple announces it will pay a dividend for the first time since 1995, analysts and investors give their views on the landmark move by the tech giant.

Pictet Asset Management is to launch a flexible, multi-asset fund designed to perform in all market conditions

UK equity income stalwart Neil Woodford has argued further quantitative easing measures in the UK may be stifled by a sharp rise in the oil price.

Schroders' Kevin Murphy and Nick Kirrage have moved their £1.1bn Income fund close to its maximum allowed overseas weighting to escape the "extreme" concentration seen in the UK market.

Jim O'Neill, the chairman of Goldman Sachs Asset Management, said markets are displaying signs of a return to normality, boosted by an improving US economy.

Technology giant Apple has announced it will return cash to shareholders for the first time since 1995, deploying some of its $98bn cash mountain, while also committing to a share buyback programme.