News

Multi-managers are boosting their exposure to Japan following the Government's moves to weaken the currency.

Schroders' Andy Brough still sees ‘a lot of value' in stricken oil giant BP, despite admitting the company can never return to its former glory.

BP completed the ‘bottom kill' of its ruptured Gulf of Mexico oil well yesterday, ending one of the most disastrous chapters in US ecological history.

BP's disastrous Gulf of Mexico oil well was permanently sealed yesterday, finishing what was the worst offshore oil spill in US history.

Colin Beveridge, investment director in the international equities team at Swip, is the second person to leave the Global Growth fund without a manager in a year.

Henderson's Mark Harris has warned investors in fixed income funds will lose money over the next ten years.

Investec's Max King has boosted his exposure to equities on the belief negative market sentiment has peaked.

The FTSE 100 climbed 0.8% or 44 points to 5,584 this morning following yesterday's slide on the back of disappointing retail sales figures.

Lord Turner, chariman of the FSA, said it was "vitally important" European financial supervisors did not intervene directly in the running of individual markets.

Fidelity star manager Anthony Bolton has once again reassured investors the global economy can escape the dreaded double dip.