News

M&G recorded a market-leading £1.74bn net retail inflow in the third quarter, 5% more than the equivalent period in 2009.

China's leading credit rating agency downgraded the US to 'A' following last week's announcement of a second round of quantitative easing.

Anthony Bolton's Fidelity China Special Situations trust is set to issue new shares to investors in the New Year.

Henderson UK equity manager Stephen Peak has increased his stake in troubled fund group Gartmore to 14.23%.

Investec Asset Management head of global interest rates Russell Silberston comments on the risk of a Bank of England policy mistake ahead of tomorrow's inflation report.

Barclays Capital's Nathan Bance fears emerging market equities could move towards bubble territory as QE drives a wall of money towards the developing world.

SVM is planning to convert Colin McLean's UK Alpha fund into a global stockpicking vehicle, the SVM World Equity fund.

Global emerging market (GEM) funds are increasing in popularity as less risk-averse investors seek higher returns, suggests the latest monthly figures from Cofunds.

Barclays has reported a small rise in pre-tax profits in the third quarter as its investment banking business continued to slow.

Gartmore CEO Jeffrey Meyer says the group's downfall over the past 12 months has "exceeded all nightmares" and believes getting out of the public markets could be best for the firm.