News

The Federal Reserve may pump as much as $1trillion into the US economy in a third wave of quantitative easing, said Standard Life Investments' global investment strategist Richard Batty.

Octopus Investments' David Crawford has restructured his Absolute UK Equity fund in an attempt to turn around performance and stem the sizable redemption pressure on the vehicle.

BlackRock has launched its first property fund into the UK retail space.

Hargreaves Lansdown has added Liontrust's Special Situations fund to its Wealth 150 list of favourite funds, in the second win this week for the £1.2bn manager.

Fresh fears of eurozone debt contagion has hit global markets today, with the largest European indices suffering large losses.

Fundsmith founder Terry Smith is set to lose one of the 22 stocks in his Equity fund to an acquisition, less than a month after the vehicle's launch.

Crispin Odey has highlighted the financial sector as one of four key areas of the market he expects to outperform in the next one to two years.

Alastair Mundy, manager of the Investec Cautious Managed fund, believes lowly valued blue-chip equities are possibly the best hedge against any future economic or market uncertainty.

Lord Myners, the former City minister, has called on the Chancellor to prove his claim Britain was "on the brink of bankrupty" before the coalition government took over in May.

Schroders has unveiled its third yield enhancing Income Maximiser unit trust, which is based upon the group's Global Property Securities fund.