News

Liverpool Victoria is due to sell its investment arm LV= Asset Management, according to reports.

NEST Corp has announced F&C Asset Management will run its ethical fund.

Japan has been struck by an earthquake aftershock with a 7.1 magnitude, which has rattled the country's north-eastern cost, exactly one month on from the deadly tsunami.

Laxey Partners has claimed Alliance trust is "terrified" to reveal its total expense ratio to shareholders in its latest swipe at the trust.

iShares has unveiled its inaugural range of precious metals ETCs on the London Stock Exchange, offering UK investors exposure to the performance of physical commodities.

The Independent Commission on Banking has recommended UK banks' retail operations should be 'ring-fenced' from their investment banking arms.

Bank shares led the FTSE 100 higher in early trading as investors breathed a sigh of relief that the Independent Commission on Banking had opted to ring-fence banks rather than break them up.

Gartmore's former fund managers Roger Guy and Guillaume Rambourg are returning to fund management with the launch of a hedge fund, according to reports.

M&G is to merge Alex Odd's Dividend and Income funds in a move to streamline its proposition in the income space.

Rathbones CIO Julian Chillingworth has been putting cash into ‘inflation-proof' areas of the market in a move to cut inflation risk in his £61m Blue Chip Income & Growth fund.