News

Julius Baer has expanded its asset management distribution team with the recruitment of Threadneedle's Marion Williams.

The FTSE 100 extended its rally this morning and is set to mark six consecutive sessions of gains.

UK retail investors are becoming more optimistic about the markets but remain reluctant to increase levels of investment, a new IMA report reveals.

On Wall Street, the Dow Jones followed gains in stock markets across Europe.

Invesco Perpetual's Neil Woodford believes the UK economy will not see any recovery for the next three to four years and the ‘green shoots' are starting to look illusory.

Pictet has launched its US Equity Value Selection fund.

Clive Cowdery's consolidation vehicle Resolution returned to the negotiating table with a sweetened offer for Friends Provident this morning.

Martin Cobb has stepped down as lead manager of the Templeton Growth Oeic having relocated to Toronto for personal reasons.

BlackRock is looking to roll out a protected multi-asset fund to the retail market in the third quarter of this year.

In London, markets experienced strong, early growth, with banks and miners leading the pack. The FTSE 100 added 40.81 points (0.93%) to 4,429.56 by mid-morning.