News

Shares fell in London this morning, following trends in the US after new data revealed weaknesses in the world's largest economy.

The Dow Jones is lower today after a surprise rise in the US jobless figures overshadowed an increase in August consumer spending.

Liontrust has promoted Simon Hildrey to marketing and communications director following Rob Page's resignation in September.

OBSR has awarded the GLG UK Select fund, managed by John White and Jason Mackay, an A rating.

The FTSE 100 kicked off the fourth quarter on a positive note in early trading, though shares dipped slightly towards mid-morning.

T. Bailey has appointed Peter Letley as CEO on a permanent basis following his temporary two-month stint in the role.

The FTSE 100 has experienced its best ever quarter, posting the biggest three-month gains in its 25-year history.

Capita Financial Group (CFG) is set to begin redundancy consultations with its London staff ahead of a move to Leeds.

Old Mutual Asset Managers is launching a Dublin-domiciled bond fund for its head of fixed interest Stewart Cowley.

Threadneedle is launching a Luxembourg-domiciled Sicav range having completed the integration of the World Express investment funds business it bought earlier in the year, with hopes of strengthening its foothold in Europe and Asia.