News

Cazenove's European fund manager, Chris Rice, said there has been an effective "arms race" among investors to buy into defensive companies such as Nestlé amid the recent sell-off.

The S&P 500 is 2.9% higher as shares surge after eurozone leaders set a deadline for resolving the single currency area's debt crisis.

SIPP provider Curtis Banks has published a list of the investments it is least likely to accept into its pensions.

Architas is preparing to launch a low-risk European fund for the group's multi-manager team, headed up by Caspar Rock.

Roger Webb, manager of the £81m SWIP Strategic Bond fund, is poised to take advantage of the recent sell-off in high yield amid signs of a solution to the European crisis.

F&C Thames River bond duo Peter Geikie-Cobb and Paul Thursby have warned German bunds are ‘extraordinarily' overvalued and in line for a major correction.

Investment bank Goldman Sachs is expected to report its second ever quarterly loss when it unveils its numbers next week, Credit Suisse analysts have warned.

Baring Asset Management has appointed Michael Simpson to the role of head of Latin American equities as it moves to expand its presence in the space.

Close Asset Management has renamed four of its discretionary portfolios and has moved two of the range to different IMA sectors to better reflect their investment objectives.

Skandia Investment Group (SIG)is calling on the IMA to introduce a new sector for 'risk-targeted funds', with legacy 'managed' portfolios shifted to an alternative category where returns are the driver.