News

Neil Woodford's Invesco Perpetual income funds have leapt to the top of the performance tables after two years of underperformance as the manager's value calls finally start to pay off.

Leading fund groups suggest a focus on risk assets in Managed sectors after IMA review causes furore.

Henderson Global Investors is to merge the three Gartmore Multi-Manager funds run by Tony Lanning and Bill McQuaker into its own range as part of an overhaul of its offering.

Industry proposes changes to ‘onerous' US tax regime due to come into force in 2013, amid fears over 30% charge for breach of rules

Lacklustre performance lands both Tom Walker's funds in Chelsea Financial Services' infamous Relegation Zone.

Warren Buffett's annual charity lunch auction raised a record $2.63m as it on Friday closed following a week of bidding after the winner offered extra cash to break the record.

Hargreaves Lansdown has been criticised in a national paper for not fully disclosing its financial arrangements with fund managers.

Ex-iShares and Gartmore sales director Julian Hince has joined M&G as technical development director.

The UK will not recover to pre-crisis levels of growth until 2013, the National Institute of Economic and Social Research (NIESR) has said.

The FSA will be able to authorise tax-transparent funds by the summer of 2012 after the government moved to introduce the products through secondary legislation.