News

As US markets opened, the Dow Jones slipped slightly, down 0.03% to 8328.95 points following a strong rally yesterday on the back of hopes for an economic recovery.

The price of oil will continue to rise into next year, on the back of developing market demand, according to HSBC Private Bank.

UK inflation dropped below the Bank of England's target of 2% in June for the first time in almost two years, official statistics show.

Liontrust has recruited Ross Hollyman's three-strong team from GAM to assist in establishing the boutique's global equities arm.

The FTSE 100 has opened on a positive note this morning after strong performance in the US yesterday.

Estonia should be a prime focus for emerging market investors for 2009, says Hadley Barrett, CEO of Oxford Sustainable Group.

Financials dominate the top spots on the Dow Jones this morning at the start of a week when a number of high profile earnings reports are due.

The number of profit warnings issued by UK companies in the three months to the end of June fell to the lowest level since the same period in 2003, a report shows.

Investors made a marked move towards the Cautious Managed sector last month at the expense of corporate bond funds which continued to fall in popularity.

Fidelity International has appointed Philip Warland head of public policy to lead the group's contact with UK and EU policy makers.