News

Fidelity Worldwide Investment's group chief investment officer has warned the European Financial Stability Facility (EFSF) is next in line to be downgraded by ratings agencies.

Nearly a fifth of investment trust directors do not invest in their own companies, the latest ‘Skin in the Game' report by broker Collins Stewart has revealed.

The yield on gilts tumbled near to record lows this morning as investors piled into any sovereigns which have retained their AAA-status after widespread EU downgrades.

Eurozone bank dividends are poised to fall below the levels seen after the collapse of Lehman Brothers, as regulators push for lenders to bolster capital.

The decision by Standard and Poor's to strip France of its prized AAA-rating came as no surprise to a number of fund managers.

Former BlackRock analyst Burstow to run new Global Mining offering for Barings, with mandate to invest in mining equities across cap scale.

First State's Martin Lau has beaten stars including Invesco Perpetual's Neil Woodford and Neptune's Robin Geffen to see his Greater China Growth fund ranked the most consistent performer over the three years to the end of 2011.

Arch Financial Products is being sued for £150m by the board of 18 Guernsey-listed investment vehicles for failing to exercise fundamental care of assets and to account for "substantial secret profits", according to reports.

The Prime Minister David Cameron has rejected calls from an MP for an independent inquiry into the Arch cru investment funds scandal.

The UK fund management industry faces complete transformation if the financial transaction tax - or Tobin tax - is implemented, commentators have warned.