News

Skandia Investment Group (SIG) has swelled assets in its Strategic Bond fund after merging the Global Fixed Interest Blend and UK Fixed Interest Blend funds into the portfolio.

Brent crude is trading at a four-month low following the International Energy Agency's (IEA) decision to boost oil supply last week.

Consumer groups will have the power to insist regulators investigate complaints of mass mis-selling of financial products when the Financial Conduct Authority takes over in 2013, Mark Hoban, financial secretary, will announce today.

Aviva Investors has merged three manager of manager funds into its multi-asset portfolios.

Managers have been buying gilts in the view interest rates will stay lower for longer as the MPC revealed last week it considered a second round of QE in its June meeting.

Old Mutual Asset Managers is preparing to hard-close its two-year-old UK Dynamic Equity fund to protect performance.

RWC Partners' Peter Allwright has warned UK markets are heading for another 2008-style crash as the country enters a new phase of deleveraging.

The Bank for International Settlements (BIS) has warned low interest rates across the globe are a threat to world financial stability.

RWC Partners has expanded its convertibles range with a fund focusing specifically on the Asian region.

Anthony Bolton, veteran investor and manager of Fidelity's £635m China Special Situations investment trust, has tipped the long-running bull market in gold to continue amid ongoing economic woes across the globe.