News

L&G Investment Management (LGIM)'s multi-manager team is moving its equity focus away from emerging markets towards the US and other developed economies.

Brent crude oil has soared to $104 dollars a barrel amid fresh concerns over the Suez Canal in the Middle East.

Brazilian state oil company Petrobras dragged down the performance of Brazil last year to make it one of the world's worst performing markets, says BlackRock's Will Landers.

Jupiter's John Chatfeild-Roberts has introduced energy exposure into his £6bn Merlin multi-manager range to benefit from rising oil prices, driven by political turmoil in the Middle East.

Sterling fell against the dollar and the euro after the Bank of England downgraded its economic growth forecast for 2011.

Ben Lord, co-manager of the M&G UK Inflation Linked Corporate Bond fund discusses this week's inflation figures and the impact of interest rate hikes.

Convicted fraudster Bernard Madoff says investors "had to know" he was engaged in illegal activity, but failed to act on their hunches.

A series of quarter-point interest rate hikes will begin in May, according to analysts examining Bank of England governor Mervyn King's latest obligatory letter to the Chancellor.

Henderson Global Investors is proposing to merge two of the group's global SRI funds, run by Tim Dieppe, due to similarity between the mandates.

Berkshire Hathaway's Warren Buffett has sold out his position in Bank of America and added to US retail bank Wells Fargo.