News
Wealth managers
Today's inaugural RDR debate in Westminster Hall finished just moments ago. Here is the best of what was said...
20 October 2010
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Economics
The UK government borrowed a record £16.2bn in September to repair the nation's finances, a figure which surprised economists.
20 October 2010
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1 min read
Bonds
Skandia Investment Group has removed RLAM from management on its £200m Corporate Bond fund, handing control of the vehicle to Fidelity.
20 October 2010
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Bonds
Invesco Perpetual's Paul Read and Paul Causer have cut almost 30 holdings from their £129m City Merchants High Yield trust as the managers look to reduce risk in the portfolio.
20 October 2010
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Economics
The Bank of England was split three ways in its last meeting on interest rates and QE, with two rogue members voting to change the path of monetary policy.
20 October 2010
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US
Bank shares in the US dived overnight after a group of investors united to try force Bank of America to repurchase soured mortgages packaged into $47bn of bonds.
20 October 2010
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Economics
Bank of England governor Mervyn King last night warned of an unpleasant, "sober" decade ahead and hinted at further QE ahead of today's government Spending Review.
20 October 2010
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Bonds
Pimco's Mike Amey believes Chancellor George Osborne must stick to his reduction plans outlined in the Budget despite fears the cuts could derail UK growth.
20 October 2010
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Investment
China has raised interest rates for the first time since 2007 in a bid to stifle inflation and dampen down its overheating property market.
19 October 2010
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UK
Jupiter shares have soared 11% today after investors reacted positively to the group's £734m total net inflow in Q3.
19 October 2010
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