News

Ignis has warned investors in its £510m UK Property fund to expect a short-term drop in capital values but believes returns will remain positive.

Nomura's Yasuhiro Mimbuta believes Japanese equities remain attractive despite facing a tough year in 2010.

Bank of England Governor Mervyn King says failure to act now on banking reforms could lead to a bigger financial crisis.

Old Broad Street Research has appointed Ruli Viljoen as head of investment research.

First State has increased the annual management charge on its £546m Global Emerging Markets fund.

The London operations of the Rothschild banking group have hired Mark Kary, former chief executive of Polar Capital.

F&C's Multi-Manager team has introduced an active US exposure across the F&C Lifestyle and F&C Multi Manager portfolios.

Aegon Asset Management generated gross sales of £270m in Q4, up 55% on the same quarter in 2008, while new business was £1,076m for the year, up from £542m.

Royal Bank of Scotland shares jumped 6.8% in early trading after the bank reported smaller-than-expected annual losses of £3.6bn.

Rathbone Unit Trust Management Income fund manager Carl Stick has hit out at short-termism.