News

Oil major BP saw its shares fall in early trading on disappointing second quarter earnings and an 11% drop in production.

The dollar has hit a record low against the Swiss franc as investors are kept waiting for signs of progress in US lawmakers' attempt to raise the debt ceiling.

SPDR ETFs, the exchange traded funds (ETF) platform of State Street Global Advisors (SSgA), has listed a range of physically-backed equity and fixed income ETFs on the London Stock Exchange.

The annual IMA asset management survey has shown a slump in interest in UK equities as investors look further afield for returns.

The European Securities and Markets Authority (ESMA) has proposed wide ranging reforms and a tightening of the rules around how exchange traded funds (ETFs) operate in Europe.

Moody's has cut Greece's credit rating by three notches following the agreement of a new rescue package for the stricken country.

UK firms made the largest cash payout this quarter since 2008, Capita Registrar's latest dividend report has shown.

Just 43% of funds in the IMA Absolute Return sector have managed to provide investors with a real return greater than the rate of inflation.

Aberdeen Asset Management has seen its asset base grow by 2.5% to £185.8bn as outflows slowed.

Aegon is set to sell its Guardian life insurance arm for £250m, according to the Sunday Times.