FTSE extends losing streak as AZ Electronic soars
UPDATE: Shares slip lower after European Central Bank keeps policy on hold.
View ArticleShares the pros are buying and selling
A round-up of trades by professional investors in Sigma Capital, T Clarke, iEnergizer, Big Yellow and Hummingbird Resources.
View ArticleBoAML jumps on Bitcoin mania with $1,300 price target
Bitcoin has recently attracted attention from Chinese speculators, central bankers, and the tiny channel island of Alderney, which has toyed with the idea of backing physical currency with them.
View ArticleProperty trust faces liquidation after failed fund raising
Investors in Global Real Estate, a closed-ended fund that invests in property securities, has abandoned its plans to raise £50 million.
View ArticleHodges to run £1.3bn L&G Fixed Interest fund as Canoy exits
Legal & General Investment Management has confirmed that fixed income manager Michel Canoy will leave the firm next month.
View ArticleAbenomics will fail but equities can succeed anyway says Hendry
Eclectica manager Hugh Hendry has abandoned his bearish stance following "mediocre" performance
View ArticleDeutsche Bank converts 18 synthetic ETFs to physical model
Deutsche Bank is to convert 18 of its largest ETFs from a synthetic to physical model in a bid to increase their attractiveness to UK markets.
View ArticleStrong US jobs data soothes financial markets
US jobless rate falls more than expected, while more jobs are added to the economy.
View ArticleHargreaves Lansdown managing director Alex Davies exits
Hargreaves' managing director of corporate and pensions, Alex Davies, has ended his 15-year career with the firm.
View ArticleBitcoin halves in value as China gets cold feet on the currency
China became the latest to focus in on Bitcoin last week after its central bank stopped short of banning them but warned against them being viewed as legal tender, prompting online retail giant Baidu...
View ArticleBob Diamond's return to banking raises investor interest
The former Barclays chief is looking to raise $250 million and has already received significant institutional backing for a shell company that will look to invest in African financial services...
View ArticleDeutsche switches 18 equity ETFs to direct replication
Deutsche Asset & Wealth Management is to convert a further 18 of its equity exchange traded funds (ETFs) over to a direct replication model.
View ArticleChina data fails to enthuse FTSE but Kentz jumps
Mining companies weigh on FTSE 100 despite upbeat updates on the Chinese economy.
View ArticleThe secret Alt Ucits weapons driving this sector leading AA-rated duo
Mark Lynam is probably not a name familiar to many retail fund buyers but the VT ICF Absolute Return fund he co-manages with Jeremy Suffield has delivered almost three times the sector average return...
View ArticleHow will Jupiter's growth strategy change under new chief?
Industry commentators predict ambitious expansion and more of a focus on the private client business under new chief Maarten Slendebroek.
View ArticleThe Expert View: Xaar, HSBC and Anite
A round-up of the best analyst commentary on shares, also including Domino's Pizza and FirstGroup.
View ArticleLloyds makes £105m profit from final SJP exit
Lloyds is to make a £105 million profit from the sale of its remaining 21% stake in St James’s Place.
View ArticlePrudential rises on flat FTSE as City eyes ‘special dividend’
FTSE 100 struggles to take off despite gains on Wall Street overnight and more mixed data on China's economy.
View ArticlePolar’s Rogoff: why Apple is a ‘genuine special situation’
Ben Rogoff, manager of the £597 million Polar Capital Technology Trust, has expressed confidence in Apple as it turns from being a technology firm into a luxury brand.
View ArticleEx-Banque Havilland private bank head launches wealth business
Nick Parker will launch London-based RiverPeak Wealth this month.
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