News

Old Mutual Asset Managers is to launch a long/short UK equity fund for Simon Murphy.

Facebook has delayed its $66.5bn IPO until late 2012 in order to keep employees focused on their jobs rather than a payout, according to reports.

The UK government is to take legal action against the European Central Bank (ECB) over a planned change to European banking rules it warns could harm the City of London.

European leaders have assured Greece its future remains within the eurozone but warned it must implement the tough austerity measures set out as part of its rescue plan.

On the third anniversary of the collapse of Lehman Brothers and subsequent credit crisis, Investment Week looks at the best and worst performing funds and sectors over the last three years.

Home secretary Theresa May has written to the Financial Services Compensation Scheme about its decision to compensate some Lehman-backed NDFA structured products but not others.

Cofunds has today announced its new unbundled charging structure which will launch around the middle of next year alongside the bundled model. But is the supermarket offering a good deal for clients?

Platform giant Cofunds has denied it is instigating a pricing war with the wraps as it rolls out an unbundled charging model.

UK unemployment has seen the sharpest quarterly rise in over two years, with the number of jobless people rising 80,000 to 2.51 million.

Capital Economics has lowered its year-end forecast for 10-year US treasury and UK gilt yields in light of a deteriorating growth outlook.