News

Pimco's Bill Gross has completely exited US treasuries on the £146bn Total Return fund, in favour of cash.

Neptune Investment Management CEO Robin Geffen expects UK dividend growth to rise sharply this year as favourable conditions for companies allow them to boost payouts.

Legal & General Investment Management has named Mark Zinkula as the group's new chief executive.

The VCT industry expects to raise significantly more than last year's total of £340m as demand for investments to mitigate higher tax rates and pension top-up vehicles increases.

M&G has grown its operating profit to £284m in 2010 despite a decline in net inflows.

The FTSE100 fell in early trading as concerns over EU debt problems offset any reassurance the market might take from easing oil prices.

GLG has hired Jeffery Atherton as co-manager for the £1.1bn Japan CoreAlpha and £490m Japan CoreAlpha Equity funds, to work with Stephen Harker and Neil Edwards.

GAM has introduced a Catastrophe Bond fund to its range. Through the issuance of cat bonds insurers can achieve multi-year protection against catastrophes like earthquakes and hurricanes and investors can earn attractive returns through the purchase of...

F&C Asset Management has launched a review of its strategy to enhance returns delivered to shareholders.

Investors should be overweight in energy as oil stocks continue to soar amid unrest in the Middle East, says Bob Doll.