News

Leading investors cast doubt on much-vaunted re-rating of lacklustre gold mining shares.

Emerging markets managers have tipped Russia to soar ahead of its EM peers in 2012, driven by higher oil prices, weak valuations and Vladimir Putin's economic reforms.

The Royal Bank of Scotland (RBS) and 17 former directors, including former CEO Fred Goodwin, have been hit with a £2.4bn legal claim from a group of investors.

Shares in beleaguered video games retailer GAME plunged by two-thirds in early trading after it warned shareholders stakes may be worthless.

Fidelity FundsNetwork has become the first of the fund supermarkets to confirm it will offer investment trusts ahead of RDR.

Legg Mason has added a fixed income fund to its UK onshore range, to be run by its US-based subsidiary Brandywine Global.

Bank of England governor Mervyn King has launched a stinging attack on British banks, stating the industry has failed to heed "very real and wholly understandable" public animosity towards them.

Ardevora Asset Management is launching its first UK-domiciled fund for managers Jeremy Lang (pictured) and William Pattisson, in conjunction with Margetts Fund Management.

The Chancellor George Osborne is to set out a plan to reduce corporation tax to 20% in next week's Budget.

Britain's leading banks are facing allegations of mis-selling complex interest rate protection protection products to hundreds of small businesses.