News

Octopus Investments has bolstered its multi-manager suite with two launches, adding a global absolute return vehicle and an emerging markets fund.

The 50% haircut on Greek debt agreed at the EU summit last week has called into question the future of credit default swaps (CDS)as a hedging tool for bondholders.

As the precious metal lost 15% of its value, Philip Gibbs jettisons almost all gold holdings from the Jupiter Absolute Return fund through ETF sale.

EU politicians' long-awaited agreement on eurozone crisis lifts markets worldwide but investors move to cash in view equity rally may not be sustainable

Bullish move by Standard Life Investments manager to profit from poor investor sentiment towards the space.

Henderson will hand reins of the fund to Neil Gregson who has worked with him for a year.

Fund inflows in September were at their lowest level since the credit crunch hit markets in October 2008, while quarterly figures were down two thirds on last year.

The loss of France's AAA-rating would be a worse scenario for the global economy than the downgrade of the US, said Ignis chief economist Stuart Thomson.

Executive chairman Edward Bramson plans to reduce firm's expenses by £33m.

Midas Investment Management has stepped up its public spat with the board of the Charter European trust, labelling its voting system undemocratic and requisitioning an EGM on 8 November.