News

Brooks Macdonald Asset Management (BMAM) has appointed Gemma Godfrey as investment director and head of investment strategy.

Warren Buffett has given his official backing to a bill named after him which would see the wealthiest US citizens paying a higher rate of tax.

MAM Funds' multi-manager Sam Liddle is set to leave the group in the summer, and his two funds will be merged away into other portfolios.

Shares in the Royal Bank of Scotland led the FTSE 100 leader board in early trading despite the group posting a larger than expected loss of £2bn.

Capita, the authorised corporate director of the failed Arch cru funds, has revealed the settlement earlier this year cost it £17.9m.

The Serious Fraud Office (SFO) has apologised to property tycoon Vincent Tchenguiz over the way it handled an investigation into the billionaire's involvement in Icelandic bank Kaupthing.

Newton's director of investments Iain Stewart has warned investors using derivatives to diversify returns may face problems during times of market stress, as the industry increases its focus on multi-asset investing.

Royal Bank of Scotland has posted a worse than expected loss of £2bn for 2011, its fourth consecutive year of losses since its government bailout in 2008.

Credit rating agency Moody's has placed Santander UK's long term debt and deposit ratings under review following the announcement last week that its parent may be downgraded.

The latest round of quantitiative easing is a threat to future economic growth in the UK, Fidelity's bond star Ian Spreadbury has warned.