News

Morgan Stanley has launched a suite of six-year structured products.

Investors in green ISAs would be the first to benefit from further rises in the tax-free savings limit under a Tory Government, says shadow chancellor George Osborne.

Lloyds Banking Group has launched a record-breaking £13.5bn rights issue at a near-40% discount as part of a massive fund raising to strengthen its balance sheet, reports The Telegraph.

European shares were lower this morning in early trading (FTSE Eurofirst 300 -0.6%; FTSE 100 -0.6%).

Former FSA chairman Sir Callum McCarthy has joined US private equity group JC Flowers as European chairman.

Robin Hepworth has positioned his Ecclesiastical Higher Income fund firmly into defensive names on the expectation the UK is heading for a double dip recession.

Scottish Widows Investment Partnership (Swip) has made a further hire to its global bond team, with the appointment of James Taylor as investment director, government bonds.

The Biotech Growth trust is planning to raise up to £50m through a new share offering.

Thames River Capital has raised more than $200m for its Credit Select and Global Credit funds, both launched one month ago.

Standard Life Investments' Corporate Bond Sicav has broken through the €1bn assets under management barrier.