News

Henderson's Mark Harris has removed UK and Europe equity index shorts across his three multi-manager funds over the past few days after gaining confidence in a market rebound.

UK equity income managers are still forecasting dividend growth across the market this year, despite income behemoth BP suspending payouts until at least 2011.

Jupiter's IPO has been more than 2.5 times oversubscribed after a strong take-up from both institutional and retail investors.

Investec's Alastair Mundy has warned investors not to be reliant on dollar or sterling ‘safe havens' as the US and UK economies face a tough time reining in their burgeoning deficits.

BP has suffered its third downgrade this week, Moody's cutting its credit rating by three notches.

The UK Government's public sector borrowing fell below expectations in May, according to figures released today by the Office for National Statistics.

F&C shareholders have approved the company's proposed £53.6m takeover of Thames River.

A number of Henderson fund managers bought a 2% combined stake in Jupiter during the asset manager's IPO.

Russian President Dmitry Medvedev believes the Gulf of Mexico spill could lead to the "annihilation" of oil giant BP.

Henderson has walked away from a potential takeover of certain businesses of US group RidgeWorth Capital Management.