News

Legg Mason's Mary Chris Gay believes US large caps will be the best performers this year after being undervalued by sceptical markets.

Fidelity's Shah ups exposure to mid-cap stocks as annualised tracking error reaches highest point since 2004

Architas has unveiled the first funds in a new suite of capital protected solutions, launching two multi-manager products offering 70% and 80% downside protection on the highest ever NAV.

Peter Pearson Lund, chief executive of Rathbones Unit Trust Management, says he would go "straight back into markets" now given the outlook for them, if he were not retiring from the City after 40 years at the end of this month.

World stock markets rose after midday on better-than-expected US jobs data.

German Chancellor Angela Merkel has pledged to "stand helpfully by Greece's side" but her economy minister said Germany would not offer a cash bailout.

SVM Asset Management's Colin McLean is increasingly positive about the UK media sector.

Insight has decided to close its £62m UK Small Cap and £39m Evergreen funds after large investors planned to redeem their holdings.

UK investors bought a fifth of the €5bn 10-year bonds sold by Greece yesterday.

Jupiter Asset Management is preparing the foundations for a possible IPO by seeking to amend its debt documents.