News

As we feared, this is proving a difficult year for investors. We have long thought the best in world share markets was over.

PSigma Asset Management has added former Gartmore and Insight manager Eric Moore to its UK team.

Investor money in poorly performing funds had doubled to £14.25bn over the past year, with Invesco Perpetual running the most ‘dog' assets under management, Bestinvest reveals.

Updated 12.30pm: The FTSE plunged in midday trade after Chancellor George Osborne unveiled details of the coalition government's £6.2bn spending cuts.

George Osborne's hopes of a "Tell Sid" style privatisation of RBS and Lloyds Banking Group have been dashed by the government's pledge to launch a year-long investigation into splitting up the banks.

A number of hedge funds that made millions from the implosion of America's subprime market are betting on a similarly dramatic collapse of the euro.

Tomorrow's Queen's Speech will see financial regulation put back in the hands of the Bank of England, leaked documents reveal.

The US Treasury has secretly resurrected plans to float Asian insurer AIA on fears the £24bn sale to Prudential could fall apart.

Robin Hepworth has warned the UK faces another financial crisis if the major retail banks are not broken up. Hepworth, a senior fund manager at Ecclesiastical, says banks will have no incentive to act more cautiously if they remain at their current size....

First State has launched an onshore version of its Global Agribusiness fund, managed from Australia by global resources specialists Renzo Casarotto and Skye Macpherson.