The FTSE 100 has opened another 0.1% higher after investors grow more optimistic that a deal to stop Greece defaulting on its debt will be struck in the coming days.
Crux Asset Management's Richard Pease speaks to Lawrence Gosling about the challenges facing small fund groups, European equities, Greece, and the naming of his new firm.
The FTSE 100 has opened 1.3% higher as investors hope that newly-submitted Greek bailout proposals will be enough to stave off latest default fears.
New Zealand's finance minister, Bill English, has warned a Greek default or exit from the eurozone would present different challenges to the global financial system than those faced during the Lehman Brothers crisis of 2008.
Sterling jumped 0.6% against the US dollar this morning, on the news wages in the UK grew at their fastest rate since 2001 in the three months to the end of April.
The FTSE 100 has fallen to a five-month low in early trading as investors continue to worry about the resolution of latest Greek debt talks.
The FTSE 100 has opened 0.5% lower, with European stocks deeper in the red, after Greece's bailout talks with creditors broke down overnight.
As the Greek government once again fails to make a breakthrough in its negotiations with the IMF and EU, Barry Norris, founding partner at Argonaut Capital, argues it is time to let Greece go, especially as a 'Grexit' is much more manageable now
The FTSE 100 has reversed gains made earlier this week after the International Monetary Fund (IMF) walked out of bailout talks with Greece.
Kames Capital's Phil Milburn has put over 10% of his Strategic Bond fund in high yield index protection, in the belief investors are too complacent about the risk of Greece leaving the eurozone.