News

Commodities expert Jim Rogers has warned silver could turn "parabolic" and rise to $150 this year.

Fidelity is proposing to merge James Griffin's £151m Growth & Income fund into his £484m MoneyBuilder Growth fund.

PIMCO has expanded its global equity platform with the launch of two emerging market funds.

The UK economy grew by 0.5% in the first quarter of the year, down slightly on economists' estimates, the Office for National Statistics (ONS) said today.

BP's profits fell in the first quarter as the firm continued to suffer the impact of the Gulf of Mexico oil spill, which has so far cost the oil major $40.9bn.

Chancellor George Osborne said he believes the UK economy is "roughly in the right place" ahead of the publication of Q1 GDP figures this morning, as economists predict growth will come in below forecasts.

Standard Life Investments' Karen Robertson reveals five stocks in her £881m UK Equity High Income fund she believes will beat earnings forecast and post strong dividend growth this year.

Barclays has revealed pre-tax profits fell to £1.66bn in the first quarter of 2011, 9% lower than the £1.82bn it made in Q1 2010.

Standard & Poor's has cut Japan's sovereign rating outlook to negative following the devastation caused by last month's earthquake and tsunami.

SWIP's investment director of aggregate bonds Sebastian Mackay has left the firm to pursue other opportunities in the industry.