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Hedgies rush to bullion as gold rout nears end

Hedgies are banking on a reversal in gold's fortunes and added to bullion during its sharp sell-off.

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Henderson buys 33% stake in natural resources firm

Henderson Global Investors has bought a 33% stake in Australian-based natural resources manager 90 West Asset Management

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TCF strikes distribution deal with SimplyBiz’s discretionary service

TCF Investment, the asset management firm founded by David Norman and Gary Mairs, has struck a deal with SimplyBiz’s discretionary service, Verbatim, to distribute its low-cost fund of passives range.

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Swip sale 'no big deal' for Lloyds investors

Analysts have shrugged off speculation about a sale of Scottish Wudows Investment Partnership (Swip), the asset management firm owned by Lloyds.

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Deep value activist Weiss readies debut investment trust launch

Deep value specialist Weiss Asset Management is planning to launch a fund of Korean preference shares, Wealth Manager understands.

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The richest regions: how wealth is spread across the UK

While London and the South East continues to be a thriving wealth hub, The Sunday Times Rich List shows how diversified the spread of wealth across UK and Ireland is.

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Henderson hires Liberum Capital man for European small cap team

Rory Stokes will join Citywire A-rated Ollie Beckett on the firm's European small cap funds.

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FTSE rally fizzles out as Wall Street dips

(UPDATE) FTSE 100 can't sustain rally after disappointing report on US home sales and earnings drop at US firm Caterpillar.

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Investment Trust Insider: winning trusts keeping the 130/30 dream alive

We have a new addition to the ranks of those that actively use derivatives in their investment approach: Asian Total Return Investment Company

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The discretionary managers among Saracen's top recovery stocks

Which of the listed private client managers are on Saracen's turnaround list?

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The Expert View: Aviva, Chariot Oil and Gas, and Ithaca Energy

A roundup of some of the best analyst commentary on shares, also including Spectris and Brooks MacDonald.

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Ashcourt Rowan strikes £1.3m deal to sell pension trustee business

Ashcourt Rowan has agreed to sell its pension trustee companies to Mattioli Woods in a deal worth £1.3 million.

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FCA wades in on RBS court battle over mis-sold swaps

The Financial Conduct Authority has stepped in to a court battle over claims Royal Bank of Scotland mis-sold interest rate swaps.

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Brooks' property arm hires new chief

Brooks Macdonald's property manager Braemar Estates has appointed Chris March as its chief executive officer.

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Citywire ratings: 11 fund managers with a real spring in their step

In our monthly data crunch we highlight 11 fund managers who are in fine form this spring.

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BlackRock's Hambro: our dividend gold quest

As the BlackRock Gold & General fund marks it 25th year we speak to current manager Evy Hambro on the recent sharp correction in the precious metal's price and why he is determined to get firms to...

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HSBC to cut 1,149 jobs in wealth restructure

An overhaul of its wealth business will see the end of commercial advisers at the bank resulting in significant job losses.

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Chipper ARM leads FTSE 2% higher

(Update) The FTSE 100 jumped 122 points as investors bet the European Central Bank would cut interest rates to boost the eurozone economy.

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The Expert View: ARM Holdings, Aveva and Tesco

A roundup of some of the best analyst commentary on shares, also including Petropavlovsk and Carpetright.

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Apple’s record $55bn appeasement after first profit fall in 10 years

Apple is to return a further $55 billion to shareholders after first quarter numbers emphasised the pressure it is feeling from rivals such as Samsung.

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