News

Gartmore is being prepared for a stock market flotation which could take place before Christmas, The Times reports.

Research from structured product provider Gilliat Financial Solutions has found the FTSE 100 index has never breached the 50% capital protection barrier over any five-year term.

Large groups in pricing negotiations with Cofunds are likely to agree deals in coming weeks after the platform ditched demands for improved terms on back books of business for many of its ‘top 30' partners, Investment Week understands.

Sterling has leapt to a month high against the euro and dollar after hints from Mervyn King dismissing an increase in QE in November.

After falling on Tuesday, European markets opened up this morning boosted by banks and oil as investors await more corporate results.

Gartmore has appointed Threadneedle fund manager Jan de Bruijn as head of Asian equities.

Investors should have increasing confidence in a UK economic recovery as the housing market shows strong signs of bottoming, Richard Woolnough believes.

The FTSE 100 opened 0.5% down as banks fell on news Qatar's sovereign wealth fund had sold stock in Barclays.

Wealth manager and advisory firm Hargreaves Lansdown has seen assets under management grow by almost a fifth over the three months between June and September.

Wealth management firm London & Capital has made its debut in the traditional UK retail market with the launch of a trio of income funds.