News

Charles Stanley's third quarter revenues dropped for the three months to 31 December 2011 to £27.3m, from £32.2m during the same period the previous year, as trading conditions remain tough.

The International Monetary Fund (IMF) has cut forecasts for UK economic growth this year, warning GDP will grow by just 0.6% in 2012.

Fidelity's Dan Roberts is aiming to deliver a yield of 4% with his new Global Dividend fund with a focus on developed markets and reducing concentration risk.

Schroders' Sonja Laud has warned investors are facing a global yield crisis, and she expects cash to flow out of government bonds and into equities in the hunt for dividends.

BlackRock's Nigel Bolton has revised down his earnings outlook for European corporates this year, although he is more upbeat than the consensus on the region's prospects.

A brace of broker downgrades released today has knocked London's leading share index off its six-month high.

Hargreaves Lansdown shares fell nearly 3% this morning, following an RBS downgrade from 'hold' to 'sell'.

Asia fund managers have mixed views on the timing of buying opportunities in China despite a consensus view inflation has peaked, according to Standard & Poor's.

The UK's public debt pile has climbed above £1trn for the first time ever, after the government borrowed almost £14bn last month.

Morgan Stanley Smith Barney has this morning confirmed the sale of wealth manager Quilter to private equity firm Bridgepoint, in a deal reportedly worth £175m.