News

Axa IM is planning to launch an onshore version of its $4.1bn US Short Duration High Yield fund.

FTSE 100 dividend payouts are expected to rise 18% this year, as profitability recovers from the crisis.

Lloyds Banking Group could be about to sell its entire stake in St James's Place.

The FTSE opened down 0.44% at 5,625.38 despite gains by medical stocks after President Obama's landmark healthcare reforms were passed in the US.

UBS is in talks with the Beijing municipal government on setting up a renminbi-denominated private equity fund as the Swiss bank looks to expand in China.

Baillie Gifford's Mike Gush has increased exposure to India in the £119m Pacific Horizon investment trust after becoming bullish on the country's economic growth prospects.

Group files with US Securities and Exchange Commission to release index-based funds and actively managed ETFs

Liontrust's Anthony Cross believes fund managers are becoming too short term in their thinking.

Premier Asset Management has hired former Gartmore UK equity manager Simon King to run two funds.

Graham Ashby believes UK equity income is set for an investor renaissance over the next decade, despite underperformance from the sector in recent years.