News

Standard Life Investments has reported a 67% increase in net third party sales in 2009, with more than 80% coming from outside the UK.

The FTSE 100 was up 11 this morning at 5,613 points, with financials peppering both sides of the gainers and losers tables.

F&C Asset Management suffered a dip in funds under management to £97.8bn for the year ended 31 December 2009, compared to the previous year's £98.6bn.

UBS Investment Bank has launched a range of 69 exchange-traded commodities on the London Stock Exchange (LSE).

Martin Currie has today launched its UK-domiciled China fund managed by James Chong.

Fitch Ratings has delivered a serious blow to the credibility of the Government's budget plans, warning that Britain risks a loss of investor confidence and erosion of its AAA rating unless it maps out clear austerity measures.

VCTs have invested almost £1bn in small companies between April 2004 and April 2009, according to a new survey from the AIC.

The investment trust sector could suffer if Anthony Bolton fails to make a success of his new Fidelity China Special Situations vehicle, securities broker Winterflood has warned.

Aegon has switched the pricing of the £1bn Aegon Scottish Equitable Property fund from a cancellation to a creation basis to reflect recent positive inflows.

T.Bailey has received investor approval to merge its £1.8m UK Best Ideas fund into its flagship £158m Growth portfolio.