News

Threadneedle's head of commodities David Donora is bullish on both the short and long-term outlook for commodities, though he believes the medium-term picture is uncertain.

GLG Partners has appointed Sir John Gieve, the former deputy governor of the Bank of England, as senior adviser.

Swip's Gerry Ferguson has started to use cash reserves, purchasing a £260m property portfolio from Aviva Investors.

The biggest financial crisis in modern British history heralded an unprecedented bonanza in fees for City lawyers, accountants and advisers, according to the definitive assessment of Treasury spending on the bail-outs.

Comcast is set to buy a majority stake in the owner of the NBC television network.

The Dubai World crisis could be the first in a series of credit crunch 'aftershocks' that change how investors view quasi-government bodies, warns Paul Brain.

The IMA has created a centralised repository for Fund Processing Passports (FPP) which will allow distributors and institutional investors to access the information they need to buy and sell fund units without having to contact the fund manager.

OBSR has decided to suspend the AA rating on the £3.5bn Fidelity European fund following the news manager Tim McCarron is to take time away from the industry.

Banks led the FTSE to an early gain in Thursday trade following reports Bank of America (BoA) is poised to repay its $45bn US Government bailout.

Barclays is set to award its 22,000 investment bankers pay rises of up to 150% in an effort to beat Government moves to clamp down on multi-million-pound bonuses.