News

Aberdeen Asset Management is to join the UK's blue chip index in the FTSE 100's quarterly reshuffle, with Hargreaves Lansdown narrowly avoiding demotion.

Arno Kitts, co-head of global distribution at Henderson Global Investors, has left the firm by mutual consent.

British investors worried over the outlook for UK plc have cut back their holdings in shares listed on the London Stock Exchange to a 50-year low.

The Financial Services Authority (FSA) has published final rules on the use of market value reductions (MVRs) by with-profits providers.

Economist Roger Bootle has revealed what he believes are the five key failings of financial markets, which should provoke authorities to intervene with tighter regulation.

Standard Life Investments' top performing small cap manager Harry Nimmo has labelled the recent rally in the small cap index as a 'dash for trash' after seeing his fund slip down the rankings.

Kames Capital bond manager Stephen Snowden said liquidity in the investment grade corporate bond market has fallen 80% since 2007, which could create difficulties for managers trying to manoeuvre out of larger positions in this space.

Schroders' chief economist Keith Wade has warned the latest Greek bailout is "doomed to fail", while delivering a more positive outlook for the global economy after the latest round of stimulus.

MP Vince Cable, the secretary of state for business, has proposed five policies to get the British economy booming again, warning of a lack of confidence among business leaders.

Business secretary Vince Cable has called for the Royal Bank of Scotland to be split up, in a letter leaked to the BBC.