The Investment Management Association (IMA) has welcomed proposals set out in the Government's financial services white paper.
In London, markets climbed in early trade as insurers recovered from major losses on Wednesday. The FTSE 100 added 16.26 points (0.39%) to 4,156.49 by 8.20am.
The Dow Jones has risen 35.52 points (0.44%) to 8199.12 as the International Monetary Fund (IMF) predicted worldwide economic growth will recover to 2.5% in 2010.
A number of risks still remain on the European Continent but high yielding stocks, left behind by the recent bounce, will provide opportunities says Newton's Tom Beevers.
The Treasury today proposes reforming the way the Financial Services Compensation Scheme (FSCS) is funded and announces a wide-ranging review of the role of the Financial Ombudsman Service (FOS) in a white paper suggesting a raft of dramatic changes to...
Thames River Capital has launched a multi-manager offering designed to invest in asset classes across African and Middle East markets.
Managing Partners Limited (MPL) has launched the first income share class in its Traded Policies Fund, giving investors an income of 5% per annum.
The redesigned www.investmentweek.co.uk launches today, bringing all the news that matters from the UK fund management industry.
Barclays is expected to increase its Asia Pacific staff numbers in its investment banking and private bank arms by around 5%, according to reports.
Liontrust's European Absolute Return fund has now launched, to be co-managed by Gary West and James Inglis-Jones.