News
Economics
Shares pulled back further on Wednesday following a blow for miners and lacklustre performances on Wall Street and in Asia.
27 October 2010
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Pensions - Retail
Automatic enrolment into workplace pension schemes will only apply when a person earns more than £7,475 per year, a government review has concluded.
27 October 2010
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1 min read
Bonds
The Federal Reserve is set to embark on a programme of measured quantitative easing next week, avoiding the ‘shock and awe' system used during the financial crisis.
27 October 2010
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Absolute Return
BNP Paribas subsidiary Privalto is closing its Millennium Tracker fund as it is too small to remain economically viable.
27 October 2010
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US
Billionaire investor George Soros has donated $1m in support of legalising marijuana in the stricken US state of California.
27 October 2010
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Economics
The FTSE is down over a percentage point in afternoon trading with better-than-expected growth figures failing to lift investors as concerns over the banking sector weigh on sentiment.
26 October 2010
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Economics
The UK's credit rating has been revised from negative to stable by S&P, further consolidating its ‘AAA' status and boosting the coalition government's economic plans.
26 October 2010
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1 min read
Bonds
Gilt yields have spiked strongly today after the UK recorded twice the expected growth in the third quarter.
26 October 2010
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Absolute Return
T. Bailey has become the first multi-manager to take a position in the £5.6bn Standard Life Investments' Global Absolute Return Strategies (GARS) fund.
26 October 2010
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