News

Oswald Gruebel, the chief executive of Swiss bank UBS, has resigned over an alleged £1.5bn ($2.3bn) rogue trading loss.

The largest equity income funds should be capped to protect investors from concentration risk, according to RWC Partners' Ian Lance.

Investors have accused the Federal Reserve of ‘fiddling while Rome burns' after its latest attempt to support the US economy was followed by a brutal market sell-off.

Tobacco group reports a 2% increase in net revenues as UK managers concur Imperial Tobacco is a key holding in their portfolios.

Swiss Investment Managers (SIM) is launching a hedge fund it claims is the first in Europe and the US to exclusively employ the Director Dealings methodology.

Emerging economies would face a systemic crisis if foreign investors, who own one-third of EM local currency debt markets, begin to pull out their cash, fund managers have warned.

Higher Income manager ditches number of long-term higher yielding stocks for lower-yielding names with better upside opportunities.

Fidelity manager fears company profits inflated by land sales, not rising revenues

Legal & General Investment Management's Simon Ellis has warned the low-cost active funds entering the market are not viable options for investors because of their low return targets.

Invesco Perpetual's Mark Barnett has warned the present financial crisis is worse than the turmoil seen in 2008 when Lehman Brothers collapsed.