News

Board of UK Growth investment trust scraps performance fee following period of outperformance.

Wealth manager Brooks Macdonald has launched its long-awaited funds business comprising a seven-strong range of portfolios.

Abnormal volatility in European markets is set to continue despite moves by Greece to overcome hurdles after passing its austerity package last week.

Invesco Perpetual and JO Hambro Capital Management (JOHCM) have gone overweight Japan across a range of Asian and global mandates amid a rebound in the country's stock market.

Guinness Asset Management has labelled recent intervention in oil markets by the International Energy Agency (IEA) as a one-off and predicted it will not take similar action in future.

Andrew Nicholas, manager of First State's £60m Global Property Securities fund, has moved overweight Japan, following the earthquake and tsunami in March.

HSBC and Cavendish highlight opportunities in Brazil and Far East at Investment Week's Global Emerging Markets focus in London.

Dan Nickols, Old Mutual Asset Managers' (OMAM) top performing small cap manager, has backed share prices to soar in the second half of the year by 10% or more.

Managers to run global and UK mandates at boutique group Eden Financial.

Neptune's US fund manager Felix Wintle is set to dump technology stocks and sell banks as he attempts to steer his £673m US Opportunities fund out of the bottom quartile.