Dexion Trading set to return £92 million in liquidation
Dexion Trading, a £92 million investment trust, is set to close after a buyback offer was oversubscribed.
View ArticleBarclays to cut 7,000 UK jobs in 2014
Barclays has announced plans to cut 7,000 UK jobs this year following a drop in profit announced this morning.
View ArticleBeyond the Brics: Lyxor launches three niche EM ETFs
Lyxor has listed three ETFs offering an alternative way to play emerging markets by not providing any exposure to the Bric nations.
View ArticleSchroders unveils new long/short quant fund
Schroders has launched a long/short global equity fund for its quantitative team.
View ArticleThe Expert View: Dunelm, Barclays and Thomas Cook
Our daily roundup of analysts' share recommendations and commentary, also featuring Bellway and McBride
View ArticleTrust Insider: PE recovery moving faster than investor appetite
Despite decent performance, many PE trusts are still attractively valued.
View ArticleFinancials fund rues Russia ‘abuse’
The managers of the Blue Planet International Financials fund have criticised corporate governance in Russia after a run-in with Rosneft.
View ArticleChinese exports surge unexpectedly by 10.6% in January
China’s exports unexpectedly surged by 10.6% year-on-year in January, reversing suggestions that the economy is in contraction.
View ArticleRuffer slashes Japan to 15% as protection finally pays off
The Ruffer managers have continued to take profit from Japan as their defensive stance, which weighed on performance last year, protected them from Janaury's sell-off.
View ArticleCarney axes jobs target in major forward guidance shift
Low productivity is likely to delay tighter policy despite rising employment the Bank of England governor said in his inflation report.
View ArticleQEV: how Vodafone’s capital return will shape markets
Vodafone will inject £52 billion into markets next month: where will it go?
View ArticleKey trades: 10 top buy & sells from SLI's Nimmo & Moore
Two of Standard Life’s star UK equity investors, Citywire A-rated Thomas Moore and Citywire Selection veteran Harry Nimmo, have revealed some of their key recent buys and sells.
View ArticlePound strengthens as Carney revamps rates pledge
(UPDATE) Share markets remain higher, with FTSE 100 heading for sixth consecutive day of gains.
View ArticleBambos Hambi swaps Investec for River & Mercantile small cap fund
Bambos Hambi, head of fund of funds at Standard Life, has moved from Investec UK Smaller Companies into the River & Mercantile UK Equity Smaller Companies fund.
View ArticleCressida Hogg quits 3i
Cressida Hogg, managing partner of 3i, is to leave the group at the end of March.
View ArticleThe Expert View: Morrisons, Speedy Hire and Cineworld
Our daily roundup of analysts' share recommendations and commentary, also featuring United Drug Group and Wood Group.
View ArticleFund flows go sharply short on US and European equity
Investors in short and leveraged ETPs turned sharply bearish on western markets in January
View ArticleTumbling Tate & Lyle, Rolls, drag FTSE down
Lloyds and Rio also in the blue chip losers' column despite both reporting a return to profits in 2013.
View ArticleAXA IM's Hayes slashed duration for shock protection
AXA Investment Managers’ Citywire A-rated Nick Hayes cut duration on his strategic bond fund at the start of the year as his nervousness over a financial shock rose.
View ArticleHow can fund soft-closures be better communicated?
Soft-closures are on the rise as fund buy lists become more concentrated. Fund buyers tell us the steps asset managers need to take to communicate these more effectively.
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