News

Veteran investor Jim Rogers is long the euro in his portfolio as he expects the eurozone to survive the sovereign debt crisis.

The Federal Reserve chairman Ben Bernanke has ramped up pressure on Congress to agree on its debt ceiling level, in light of rating agencies S&P's and Moody's threats to cut the US' triple-A debt rating.

Royal London is in exclusive talks to acquire Co-operative Financial Services' asset management and life insurance arms.

The £509m Polar Capital Technology trust has managed to generate its first performance fee for the first time since the tech bubble more than a decade ago.

The managers of two Baillie Gifford investment trusts have significantly slashed gearing in the view growth prospects in the UK market are subdued for the rest of the year.

Manager says Greece's austerity and ‘bipolar' sentiment in US pose crucial headwinds.

RDR may provide boost to investment trusts but the sector still faces headwinds, warns Numis Securities.

The board of the SVM UK Active fund, formerly managed by Colin McLean, has confirmed the trust will be liquidated following activist investors Cyrun Finance taking over the trust.

RAB Capital has agreed terms over a proposed management buyout as the troubled hedge fund looks to delist from the AIM stock exchange.

The European Banking Authority (EBA) will post the results of stress tests on 90 European banks today, amid criticism from analysts the tests will fail to detail banks' weaknesses.