News

Eurozone inflation fell to a lower-than-expected 2.7% in May.

Emerging markets veteran Mark Mobius has warned the growing use of derivatives is set to cause a fresh financial crisis.

BlackRock's chief executive has warned Europe needs its own US-style Troubled Asset Relief Program (TARP) as the sovereign debt crisis continues.

LV= Asset Management (LVAM) has today launched a US income fund for UK equity fund manager Marcus Chandler.

Fund managers, IFAs and investors could be hit with huge costs after the US Senate passed laws forcing millions of people in funds holding US assets to make a declaration to the American tax authorities.

The value of Portuguese bonds has dropped and yields have widened to record levels, as concern mounts over EU leaders' failure to resolve the Greek debt crisis.

Paul Myners, the former City minister, has agreed to join the board one of Europe's leading activist investors, according to reports.

The British Chambers of Commerce (BCC) has predicted interest rates will hit 1% by the end of this year despite the lacklustre economic recovery.

F&C Thames River is to streamline its UK fund range next month by merging two of its UK equity funds into larger offerings.

Supporters of ETFs counter Fundsmith founder's short selling claims.