News

Japanese investment trusts' high concentration to small and mid caps has paid off, with the sector outperforming the open-ended space over the past year.

Sridhar Chandrasekharan has been promoted to chief executive of HSBC Global Asset Management as former boss John Flint moves to a senior role in the wider group.

Gemini Investments is holding a four date roadshow around the UK next month showcasing five of its boutique investment partners, with events chaired by Investment Week's editorial director Lawrence Gosling.

Internet giant Google has revealed profits surged 26% in the third quarter, with net income jumping from $2.17bn to $2.73bn year on year.

Legal & General Investment Management's Richard Hodges has been buying into UK banks' subordinated bonds as well as boosting his exposure to government debt.

Standard & Poor's has delivered another blow to sentiment across Europe after cutting Spain's long-term credit rating by one notch, from AA to AA-.

Jupiter has reported net inflows of £295m in the third quarter of 2011, despite a 10% drop in assets under management over the period.

China's tightened monetary policy appears to be having the desired effect on inflation as figures for last month showed CPI dipped to 6.1% in September.

The FSA is to scrutinise the quality of advice given by firms who operate a 'centralised investment proposition' ahead of the implementation of the Retail Distribution Review (RDR).

Hedge fund billionaire Raj Rajaratnam has received the longest ever prision sentence for insider trading after he was jailed for 11 years in a landmark ruling in the US today.