News

Portugal is set to receive a financial rescue package from the EU within a month, as the country's high borrowing costs are increasingly untenable, says Chris Iggo at AXA.

Lindsell Train is launching an offshore Global Equity fund on 16 March, investing in companies with leading brand names.

Bill Gross, manager of the world's largest bond fund, says QE could 'flop' if the private sector fails to pick up the slack when the government stimulus is removed.

BNY Mellon Global Funds is adding a UK retail share class and UK distributor status to five of its specialist offshore sub-funds.

Berkshire Hathaway's Warren Buffett says the US does not need more economic stimulus right now, although he has "enormous respect" for Federal Reserve chairman Ben Bernanke.

JO Hambro Capital Management's All Europe Dynamic Growth fund has launched with a mid-cap bias and a focus on undervalued companies.

The UK could be entering a "profoundly different" era of slow growth and high debt reminiscent of the economic ills engulfing Japan, says the BBC's economics editor Stephanie Flanders.

Oil prices should fall back in the near term provided unrest is contained within Libya, says Schroders' CIO Alan Brown.

Swiss & Global Asset Management has launched the Julian Baer Health Opportunities fund to capitalise on growth potential in the global healthcare sector.

Ongoing disruption in the Middle East and the higher oil price has dragged on global markets, with many seeing losses of more than 1%.