News

Sterling fell sharply today after Bank of England Governor Mervyn King labeled the UK economic recovery "fragile".

City of London investment trust has topped its peer group for the longest uninterrupted rise in annual dividends.

The FTSE opened more than 30 points higher Tuesday thanks in part to an 11% share price jump for builders' supplier Wolseley.

Cazenove Capital Management and Russell Investments have each boosted their UK regional teams.

Artemis' Tim Steer has condemned VT Group over its proposed £233m dividend payout to defend against a takeover approach from Babcock.

The FTSE 100 rose in early Monday trading following strong gains in Japan.

Henderson New Star's James Gledhill has initiated a short position on gilts to protect against a possible spike in UK government bond yields.

Jupiter CIO John Chatfeild-Roberts is keeping the strong recent inflows into his Merlin range in cash to allow him to invest into periods of weakness caused by heightened market volatility.

Jupiter's Philip Gibbs has opened up a net short position on "overvalued" UK commercial property stocks as the manager develops a number of early themes into his new Absolute Return fund.

Insynergy Investment Management, chaired by Dragons' Den judge James Caan, is launching a China fund.