News

Richard Timberlake and Paul Kim are set to join LVAM to run its multimanager range, Investment Week understands.

BlackRock's Bob Doll has hit back at those drawing comparisons between Japan and the US, saying the latter has actually learnt from Japan's misfortune.

Credit rating agency Moody's has placed Spanish government bonds under review for downgrade on concerns the country will face difficulty raising cash next year.

Schroders has closed a number of share classes on its $1bn Asian Total Return fund in order to protect performance for existing investors.

The FTSE 100 closed at its highest level since 2008 last night but has fallen back in today's trading following late weakness in the US.

The Federal Reserve has renewed its commitment to its $600bn asset purchase scheme, and has kept rates on hold, but upgraded its view of the US economy.

Templeton's Mark Mobius believes this year will see record inflows into emerging market funds.

MAM Funds, the recently rebranded Midas Capital and Miton Asset Management, is looking to raise £20m in extra capital, and is strengthening its management team with the hire of Gervais Williams.

The US will lose its AAA credit rating in the coming years while the UK will struggle to maintain its rating, warns M&G's Jim Leaviss.

Consumer price inflation reached a six-month high of 3.3% in November, figures released today by the Office for National Statistics show.