News by: Gavin Lumsden
Alliance Trust reveals strategic review as it confirms RIT Capital Partners’ merger approach to create £5 billion global investment giant.
Witan has offloaded the £234 million stake held by Aviva Investors that has hung over its share price this year.
Investment industry under pressure to eradicate ‘macho’ culture after Citywire reveals just 10% of world’s fund managers are women.
Electra Private Equity shares tumble 4.7% after activist investor Edward Bramson seizes control and serves notice on fund manager Electra Partners.
For first time it will be cheaper for investors to hold funds directly with the company rather than fund supermarkets or financial advisers.
Competition and Markets Authority disappoints consumer groups after its banking inquiry backs off from radical remedies to improve service.
Garrett Fish, manager of JPMorgan American, explains why the investment trust is good even if it hasn't beaten the US stock market under his watch.
Standard Life Investments, M&G and Henderson lower property fund share prices fearful of a 'Brexit' after the 23 June referendum.
Our roundup of investment trust shares focuses on tough week for peer-to-peer funds after resignation of Lending Club boss Renaud Laplanche.
Leading global growth fund dips into revenue reserves again to pay its dividend and says it may have to use capital gains in future distributions.
Satellite stocks crash from the skies but miners advance despite concerns over the slowdown in the US and China.
BP and Shell advance on forecasts of rising global demand for oil. Fashion label SuperGroup surges on strong trading update.
Martin Currie moves Mark Whitehead to replace Alan Porter as manager of underperforming global income fund, Securities Trust of Scotland.
Reviving hapless Aurora trust requires no-fee, ‘scuttlebuck’, value investor, says Gary Channon of Phoenix Asset Managers.
Richard Peirson, manager of £1 billion AXA Framlington Balanced fund, retires after smashing the stock market return in 23-year career.
Property slowdown ahead of European Union referendum forces £4 billion 'bricks and mortar' fund to take protective move.
Andrew Bailey, incoming boss of the Financial Conduct Authority, says watchdog can't set out how City firms behave.
(Update) Worries about this afternoon’s US jobs report unsettled markets. Satellite operator Inmarsat and construction group Interserve slumped.
Is smaller company star Alex Wright’s Fidelity Special Values a bargain that won’t go away? Find out in our weekly round-up.
Strong results from BT, RSA Insurance and WM Morrison lift FTSE 100 but Centrica slumps 10% after surprise £750 million share issue.