News

Cazenove's Diversity Income fund is set to launch on 15 December with a majority equity weighting, headlined by Neil Woodford's £7.9bn Invesco Perpetual Income fund.

Oil prices have jumped above $90 a barrel for the first time in two years as a weak dollar continues to drive demand for commodities.

A group of 700 Keydata SLS investors will start a legal case against a string of global financial institutions in January, claiming they watched over a multi-million pound theft from the fund and did nothing while collecting huge fees.

Henderson head of retail fixed income John Pattullo discusses Thursday's 'underwhelming' statement from ECB president Jean-Claude Trichet.

US markets closed 1% ahead yesterday on a buoyant day for global shares as fears around the European sovereign debt crisis eased.

Government bond yields across peripheral Europe dropped sharply yesterday as the ECB kept open its bank emergency liquidity measures until at least the end of the first quarter of 2011.

The trustee trying to recover billions for the victims of Bernard Madoff yesterday sued JPMorgan for $6.4bn, claiming it was 'wilfully blind' to the giant fraud.

England has missed out on hosting the 2018 World Cup, after FIFA awarded the prestigious prize to Russia.

Neptune founder and CEO Robin Geffen believes UK dividend growth could exceed the 15% consensus forecast next year despite the muted economic environment.

The FSA has cleared RBS of acting fraudulently during the purchase of ABN AMRO, but censured it for making a "series of bad decisions" in the run up to the financial crisis.