News

BRITAIN will have emerged from its deepest recession since the second world war when official data is released later this month, with the economy showing modest growth in the fourth quarter after 18 months of contraction, according to a respected economic...

Artemis Strategic Assets, Cazenove Absolute UK Dynamic and Jupiter Absolute Return made the top ten bestseller list through Hargreaves Lansdown's direct to consumer Vantage platform for the whole of 2009.

F&C head of retail multi-management Dean Cheeseman believes continued hedge fund convergence into the retail space will dominate 2010's product launches.

Most traditional high-yield investors "won't touch" £500m worth of junk bonds set to be issued by Manchester United Plc because they are unrated and there are plenty of alternatives, an analyst says.

Germany's economy shrank by 5% in 2009, suffering its biggest contraction since the Second World War as exports fell sharply, according to official data.

Axa IM has hired Jon Bailie from Russell Investments as its global head of distribution.

The Mansion Group has launched a specialist Guernsey-based Student Accommodation fund.

Dalton Strategic Partnership is launching a Ucits-compliant version of its European equities fund, which bucked the industry trend by profiting in 2008.

The FTSE 100 opened slightly lower this morning after falls on Wall Street and in Asia, dipping 4.76 points (0.09%) to 5,493 in early trading.

Banks are denying savers tax benefits by paying less on fixed-rate cash Isas than on similar taxable bonds.