News

Global real estate investment trusts trading on huge discounts are offering value but liquidity remains low, said the managers of First State's Global Property Securities fund.

More than a decade after the dotcom crash, managers consider whether current technology valuations point to new bubble in the sector

Fidelity's Steve Gibson has been adding risk back into his MultiManager Balanced portfolio, positioning it towards funds that will do well in a recovery environment.

Sentiment towards out-of-favour Japan is beginning to turn, with the market rising 11% since October, said Sarah Whitley, manager of the £168m Baillie Gifford Japan trust.

Former Threadneedle managers Peter Allwright and Stuart Frost are to launch an absolute return bond/credit fund at RWC Partners.

F&C Asset Management is cutting 110 jobs as part of an outsourcing deal designed to save up to £12m a year.

The chances of Britain dropping back into recession this year have doubled to one-in-five, a leading economic forecaster has warned, amid mounting fears the recovery is slowing.

The European Central Bank has signalled the growing threat of inflation could prompt it to raise interest rates across the eurozone sooner than expected.

Scottish Widows Investment Partnership (Swip) has appointed Kevin Addison as head of wholesale, filling the gap left by Tony Maddock who moved to Lazard Asset Management in November.

Investment banking giant Goldman Sachs has revealed for the first time a fresh loss of $5bn during the financial crisis.