News

Rathbone Unit Trust Management is to launch RDR-ready 'institutional' share classes across its fund range from 1 March.

Hedge fund billionaire John Paulson sold out of Bank of America and Citigroup in the fourth quarter of 2011, missing the sharp rally enjoyed by bank shares year-to-date.

UK equities could return 11% per annum for the next 10 years, fund group Neptune has said, as value stocks come to the fore.

A firm has been fined £97,600 by the Financial Services Authority (FSA) for mis-selling unregulated collective investment schemes (UCIS), some of which have since wound up resulting in potential investor losses.

The Bank of England has raised its inflation forecast for two years' time to around 1.8%, more than some economists had predicted.

Fidelity's Sanjeev Shah has said he does not foresee a major market sell-off in the near term, as the FTSE 100 trades at a seven-month high.

Stuart Rhodes, manager of the £1.7bn M&G Global Dividend fund, on five of his favourite stocks.

Gerardine Davies, former director of property at Aegon Asset Management, has joined BNP Paribas Real Estate as head of UK investment management.

Fourth quarter eurozone GDP has come in fractionally ahead of expectations but the 0.3% drop will do little to dismiss predictions of a new recession.

China has pledged to help resolve the eurozone debt crisis by investing in European bailout funds and continuing to hold euro assets.