FTSE bounces but Spain debt worries persist
Britain’s FTSE 100 bounces, but market fears over the eurozone’s debt crisis persist as Spain’s borrowing costs continue to rise.
View ArticleBolton extends Fidelity China tenure
(Update) The board of Fidelity China Special Situations has announced Anthony Bolton has decided to extend his minimum tenure as manager from April 2013 until April 2014.
View ArticlePattisson and Lang’s Ardevora hits £100m
Ardevora Asset Management, the firm founded by ex-Liontrust duo William Pattisson and Jeremy Lang, has broken through £100 million in assets under management.
View ArticleKestrel unveils global multi-asset fund for Ricciardi
Kestrel Investment Partners has launched a global multi-asset fund for Iveagh’s former head of asset allocation, John Ricciardi.
View ArticleInvestment Trust Insider: Schroder v Aberdeen - top trusts for Asia exposure
Asia has had a good start to 2012, with most pan-Asian funds generating double digit net asset value returns year to date and outperforming regional indices.
View ArticleM&S on track after tough first quarter
M&S says it remains on track to meet full year targets after a difficult first quarter saw decent performance in its food and direct sales business offset by decline in general merchandise sales.
View ArticlePwC faces RSM Tenon inquiry
PwC is facing an enquiry into its handling of RSM Tenon, according to reports.
View ArticleDr Doom warns of 20% fall in equities
Marc Faber struggles to see any positives the best of times and now the man dubbed Dr Doom fears equities could fall by as much as 20% in the coming weeks.
View ArticleFTSE inches higher, but Burberry and M&S slip
Britain’s FTSE 100 edges up for a second day as Spain’s borrowing costs retreat, easing fears over Europe’s debt crisis.
View ArticleSWIP severs UK Select ties after Lloyds cuts
Scottish Widowns Investment Partnership (SWIP) has handed its notice to the board of the UK Select Trust, following the decision by its parent company Lloyds to shut down its regional equity desks.
View ArticlePoor performing active funds will drive investors to passives
The consistent under-performance of the majority of active funds will push investors towards passive alternatives and will spur a reduction in fund management charges.
View ArticleTowry tipped to exit Norwich ahead of Cambridge push
The wealth manager is looking to consolidate its East Anglian and Northern Irish operations and has entered into consultation with around a dozen staff.
View ArticleBoiler room scams spike 19%
Boiler room fraudsters have ramped up their efforts to target consumers, as figures from the Financial Services Authority (FSA) reveal a sharp rise in attempted share scams.
View ArticleEvy Hambro: tightly wound miners set to rebound
Over the short-term, market conditions could drag on commodity shares, but the Citywire Selection BlackRock World Mining star says the positive impact of China is under-estimated.
View ArticleFuhr: the murky world of non-Ucits ETFs
There are some gems to be had, but understanding the difference IUcits and as non-Ucits exchange traded funds (ETFs) is key to returns.
View ArticleColin McLean: scarcity still rules in the internet age
Markets are meant to be efficient, but even in the age of the internet and 24-7 news flow, key information is escaping even the most eagle of eyes.
View ArticleDeborah Fuhr: the murky world of non-Ucits ETFs
There are some gems to be had, but understanding the difference IUcits and as non-Ucits exchange traded funds (ETFs) is key to returns.
View ArticleBrooks Macdonald grows assets by £250m in Q1
Assets under management at Brooks Macdonald grew from £3.2 billion to £3.5 billion in the first quarter.
View ArticlePanmure Gordon poaches Seymour Pierce CEO Wale
Panmure Gordon his named Seymour Pierce’s chief executive Phillip Wale as its new boss.
View ArticleTesco to spend £1 billion on UK overhaul
(Update) The supermarket's chief Philip Clarke admits the firm needs to 'raise its game' in the UK after full-year numbers from the group showed a 5.3% jump in pre-tax profit to £3.8 billion.
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