News

Tracker funds reported their highest ever net retail sales in Q1, although inflows into ethical products were below recent levels, according to IMA figures.

The FTSE 100 has opened in positive territory after a commodities bounce-back lifted Wall Street yesterday.

Government austerity measures and high levels of consumer debt pose "strong headwinds" for the UK's economic recovery, the IMF has warned.

Federal Reserve chairman Ben Bernanke has warned of a Lehman-style meltdown if the US Congress uses the national debt limit as a "bargaining chip", the BBC reports.

GAM's Star Technology fund manager Mark Hawtin reveals his top five stockpicks for growth in media and tech.

Artemis is soft-launching a global equity fund for latest hires Simon Edelsten and Alex Illingworth.

The National Institute of Economic and Social Research (NIESR) said it expects the UK to avoid another recession but warned it now faces a bleak period of low growth.

PSigma has changed the name of its bottom quartile £10m American Growth fund to the PSigma American fund.

Chinese inflation has reached a peak, according to Jupiter's Philip Ehrmann, who also believes monetary policy is likely to become more relaxed in the second half of this year.

Inflation will not be a serious problem in China in the second half of this year as the economy begins to cool, said Goldman Sachs' Jim O'Neill.