News

Asset manager Syndicate has promoted Mark Cheshire from interim to full-time group chief executive.

London's leading share index retreated slightly this morning, following a muted performance in the US, which saw the lowest share turnover so far this year.

Official inflation figures due out today are misleading the public, according to international experts who say the data understates the true increase in the cost of living.

AXA's senior portfolio manager Julie Lamirel is planning to add emerging market debt to her £20m Sterling Credit Short Duration Bond fund due to the attractive yields on offer.

A permanent €500bn (£420.3bn) bail-out fund has been set up to support countries in the eurozone.

Barclays pre-tax profits jumped almost a third in 2010 to £6.07bn, slightly higher than analysts were expecting.

Emerging markets are set to continue delivering higher growth and lower volatility than developed markets, with EM equities to return more than 10% per year until 2015, says Barclays Capital.

Football's January transfer window saw a record £225m shelled out for some of the game's biggest stars, but fluctuating exchange rates hurt owners' wallets, says World First.

The pound has gained against the euro ahead of Wednesday's Bank of England inflation report, which is expected to show inflation has hit over 4%, increasing pressure on the Bank to cut rates.

Investec Asset Management has launched two emerging markets funds investing in debt and local currencies.