News

Henderson New Star has appointed Ainslie McLennan to work alongside Marcus Langlands Pearse on the £635m New Star UK Property fund.

Deutsche Bank's db x-trackers is listing fixed income ETFs on the London Stock Exchange for the first time.

The markets continued to rise this morning with the FTSE 100 climbing 36.62 points to 5,160.75 in early trading.

European Union leaders are to urge the threat of "sanctions" for banks that pay excessive bonuses.

Wall Street continues to be buoyed by comments yesterday from Fed chairman Ben Bernanke indicating the recession in the US could be over.

Skandia Investment Group has added the Goldman Sachs Asset Management (GSAM) Emerging Market Debt fund to its risk targeted Spectrum range.

Unemployment in the UK rose by 210,000 to 2.47m in the three months to July, which is the highest level since May 1995, according to the ONS.

Neptune's Felix Wintle anticipates a Q4 US rally despite the market having moved up 50% since March.

The FTSE 100 is off to a solid start this morning after a late surge on Wall Street yesterday following Ben Bernanke's comments that the US recession is over.

Warren Buffett has revealed in an interview with CNBC that his Berkshire Hathaway group was asked to help save AIG and Lehman Brothers as the financial giants stood on the brink of collapse last autumn.