News

Invesco is continuing to see signs of improvement in its troubled Property Income trust, with the vehicle's loan-to-value ratio falling from 96.1% to 93.5% over the final quarter of 2009.

Manager transforms Fidelity Growth & Income and MoneyBuilder Growth funds since taking over the helm

Artemis Strategic Assets manager William Littlewood increased his fund's net equity exposure by over 10% last month after buying into market weakness and closing short positions in the mining sector.

John Husselbee's North Investment Partners has constructed its own structured note to effectively short government bonds across the manager's range of multi-manager funds.

The optimistic outlook for global emerging markets equities is being overplayed, Standard Life Investments believes.

OPM Fund Management has made a slew of fund changes in the past month, with Investec Asset Management among the main beneficiaries.

Schroders'Simon Webber is planning to increase exposure to renewable stocks believing prices are about to reach rock bottom.

First State Investments is launching offshore versions of its Asia Pacific and Global Emerging Markets funds.

The Dow Jones closed higher at 10611.81, up 44.51 points (0.42%), marking its third day of rises and its highest closing level since January 19.

A one-year investigation into the collapse of Lehman Brothers has found evidence top executives including Dick Fuld approved misleading financial statements.