News

Richard Plackett has increased exposure to banking stocks in his £1.4bn UK Special Situations fund, believing they look attractive after a long period of underperformance.

Nigel Legge, former chief executive of Liontrust, is planning to return to the asset management industry with the launch of Vinculum Fund Management.

Gold mining equities are poised to climb a further 30%-40% before they are fully valued, according to Investec Asset Management's Bradley George.

Odey Asset Management is preparing to launch a hedge fund for macro strategist Tim Bond, using a similar but more aggressive process to the one he developed on the BarCap RADAR fund.

The yen suffered the biggest decline in more than two years against the dollar on Friday after the G7 group of leading industrial nations moved to rein in the currency.

Five companies involved in unscrupulous property investment schemes which cost victims over £280,000 have been forced into liquidation following a government investigation.

UK banks are missing crucial opportunities for profitable lending to high growth companies, according to a new report.

The IMA has distanced itself from earlier proposals to launch a judicial review into the funding of the FSCS, as it looks at "other options" to tackle the levy on behalf of its members.

Europe's biggest banks must fully disclose their exposure to sovereign debts, as part of a new round of stricter stress tests.

Global markets are continuing to fight back with all the leading indices trading in the black after G7 finance ministers agreed to cool the soaring yen.