News

Prudential's 160-year-old association with the UK could end later this year as the insurer is believed to be working on radical plans to offload its British and American businesses.

Bank of England Governor Mervyn King believes interest rates in Britain will stay lower for longer than the markets expect to compensate for the fiscal pain ahead.

Last week saw dramatic developments in the oil sector as BP tried to contain a huge oil slick, but fund managers are forecasting gradual upward moves in the oil price in the longer term.

Royal London's Kevin Lilley is confident in the strength of the euro despite the ongoing troubles in some eurozone countries.

With many investors looking East to avoid the risks of Western markets, groups are rolling out a raft of new China-focused funds.

M&G is planning to launch an international macro-focused fixed interest offering for star manager Jim Leaviss.

Allianz Global Investors is to launch a Brazil fund, the UK's first actively-managed onshore Oeic focused on the country.

F&C's Jeremy Tigue has moved his short-term borrowings from sterling into yen to benefit from an anticipated strengthening of the pound.

Schroders' top managers and economists discussed their predictions for the outcome of the general election last week, and were largely in agreement that Britain is facing a hung parliament.

Octopus VCT has raised more money than any other individual VCT in the most recent tax year, according to figures from the Association of Investment Companies (AIC).