News

Pictet Asset Management has launched a global government bond fund that will invest according to an issuer's fundamentals rather than by region.

City of London police and the FSA are investigating a suspected $150m trading fraud attempted by a former trader at Threadneedle Investments.

BlackRock has removed Mark Lyttleton from its UK fund, handing the £449m portfolio to co-manager Nick Little.

M&G Investments' Alex Odd has entered Bestinvest's infamous list of "dog funds", alongside offerings from Standard Life and SWIP, after his £1.2bn M&G Dividend fund underperformed its benchmark substanitally.

The eurozone sovereign debt crisis poses the greatest risk to investment returns in 2012, say advisers.

Former IMF head Dominique Strauss-Kahn is being questioned by police as a suspect in a prostitution ring inquiry, according to the BBC.

Merchant Capital has launched Merchant Wealth, a private client wealth management service.

Life settlements fund EEA has generated nearly £40m in revenues in the last two months, despite its suspension following "unprecedented" redemption requests.

The government received more income than it spent in January, posting the highest surplus for four years following a drive to cut public spending.

Ecclesiastical's Robin Hepworth has warned gilts are ‘in a bubble' and should be avoided by investors looking for returns over the medium term.