News

Old Broad Street Research has given new ratings to 14 funds, including 13 As and one AA.

Friends Provident completed the demerger of F&C Asset Management today (Friday 3 July) with its controlling stake in the firm distributed to all Friends' shareholders.

London markets opened higher this morning, regaining some of Thursday's lost ground, with the FTSE 100 up 12.32 points (0.29%) to 4,246.59.

Growth stocks could see a return to favour in the US as difficult trading conditions continue, says Threadneedle's Cormac Weldon.

M&G's Aled Smith believes US investors are likely to continue reaping the benefits of increased corporate action to cut costs and boost operating efficiency through the current unfavourable economic conditions.

Bank of America Merrill Lynch has almost doubled its estimates for US real GDP growth for the rest of the year.

The Dow Jones has plunged 150.17 points (1.77%) to 8353.89 today as US unemployment climbed to a 26-year high.

Jubilee Financial Products has unveiled a new structured product plan, offering investors three times the growth of the FTSE 100 over five years, up to a 50% return.

Martin Currie has appointed Alan Porter co-manager on its Global and Global Alpha funds, as of 1 July.

Ignis has terminated Maia multi-manager joint venture after the boutique was only able to raise appr...