News

Commodities continued to tumble today on the back of global growth concerns, with oil and silver plunging to their lowest levels since March.

The UK may need a bailout from Europe soon, as it is not cutting its structural deficit fast enough or by the necessary amount, Jim Rogers said.

Goldman Sachs' BRIC fund was one of the worst affected by yesterday's sharp commodity sell-off, which saw the price of Brent Crude oil fall 10%.

Franklin Templeton Investments has launched the Templeton Emerging Markets Balanced fund for Mark Mobius and Michael Hasenstab.

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Baillie Gifford's £2.5bn Scottish Mortgage investment trust's share price grew 22% over the past year, largely driven by its exposure to technology, according to the deputy manager.

Cazenove's Tim Russell is stepping down from his position as head of pan-European equities.

Alliance trust has bought back shares for the seventh consecutive working day as it steps up its fight with activist investor Laxey Partners.

Royal Bank of Scotland, the state-backed bank, has reported a loss of £528m in Q1 2011 after paying £469m to use the government's Asset Protection Scheme (APS).

Margaret Lawson, fund manager of SVM Asset Management's £41m UK Growth fund, reveals her top five stockpicks for growth as she predicts the FTSE 100 will rise 10% by the end of the year.