Fidelity cuts Special Situations fund from 'Select' list
Fidelity has dropped the Special Situations fund once managed by Anthony Bolton from a list of vehicles it recommends to investors after a spell of disappointing performance.
View ArticleRSM Tenon calls in lawyers over flawed accounts
Accountancy and advisory firm RSM Tenon has called in lawyers over alleged errors in the auditing of its full-year accounts, which it believes led to the collapse of a private equity buy out.
View ArticleFTSE gains on positive China data; Cookson climbs
Resources stocks help the FTSE 100 start the second quarter on a positive note after better-than-expected Chinese manufacturing data.
View ArticleFund of the Week: First State Global Listed Infrastructure
Markets are in bipolar mode at the moment. It's either the greatest news or the worst. Monday was a classic example of bad news in the form of eurozone unemployment in the morning pushing markets down,...
View ArticleProperty: buyers flock to Britain despite tax 'triple whammy'
Chancellor George Osborne's Budget pushed the tax burden on Britain's most expensive homes to among the highest in the world, sparking a rush of deals in time to beat the near-immediate hike.
View ArticleSeven questions for Eden's Mark Harris
Eden Financial’s Mark Harris is watching for a pre-US election dip and believes the Chinese equity market has potential to surprise on the upside.
View ArticleWeldon: 'lifeblood' shale will power the US
A new energy revolution, labour market flexibility and the receding impact of problems in the housing market are helping drive America's recovery, said Threadneedle's Cormac Weldon.
View ArticleBrewin eyes Aberdeen's Alliance 'bid' as Laxey backs rival
The private client stockbroker said Aberdeen Asset Management would put forward a 'serious' proposition for running the £2.5 billion trust, while activist Laxey backs rival to take the trust's helm.
View ArticleFTSE, gold fall on Fed; Spanish bond yields rise
Britain’s FTSE 100 drops after minutes from the Fed's latest policy meeting dampen hopes of more stimulus from the central bank.
View ArticleThe top 10 UK funds to capture the Q1 equity rally
We highlight the UK All Companies funds which successfully exploited the best first quarter return for the FTSE All Share in 14 years.
View ArticleGLG’s fixed income manager Akel quits
Christophe Akel, the star fund manager of the GLG Global Corporate Bond and Strategic Bond funds, has left the firm due to personal reasons.
View ArticleSebastian Lyon: I feel like Hamlet's 1970s jockey
Lyon's Trojan fund may be trotting while others gallop to the rally in risk assets but the Citywire Selection star refuses to be swayed from his defensive stance.
View ArticleStructured products: FSA guidelines lack clear signposts
The regulator's final guidance on how structured products should be designed and monitored has ramifications for wealth managers, with some highlighting a lack of clarification.
View ArticleInvestment Quorum’s Robertson: why we avoid active ETFs
The wealth firm's chief executive Lee Robertson explains why the firm prefers physical-backed ETFs over swap-based and tends to steer clear of active ETFs altogether.
View ArticleOriel hires JP Morgan Cazenove equity head Knox
David Knox will become equity head at Oriel Securities when he joins in June, replacing Glenn Poulter who quit earlier this year.
View ArticleState Street's Jim Ross: how the ETF world has changed
One of the architects of the ETF industry has said that wealth managers are using the products in increasingly active ways to manage their beta exposure.
View ArticleIntrepid launches $685m US Small Cap strategy into UK
US fund manager Intrepid Capital is to launch its outperforming $685 million (£430 million) US Small Cap strategy into the UK.
View ArticleSpanish fears hold down FTSE and European markets
FTSE 100 falls further after yesterday's sell-off; JJB Sports gains as investors plough fresh capital into the troubled retailer.
View ArticleThe 10 UK funds to miss the Q1 rally
After revealing the UK All Companies funds to successfully exploit the best FTSE All Share Q1 performance in 14 years, we highlight the 10 funds which missed the rally.
View ArticleChocolate won't make you thin and not all passives perform
Just like myths about indulging in sweets to slim down, investors must dig beneath the headlines when it comes to choosing passive instruments like ETfs, writes Octopus' Mark Soonaye.
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