Prev Close:
More FTSE charts & pricesPrev Close:
More FTSE charts & pricesPrev Close:
More FTSE charts & pricesLatest NewsRSS
Barings' absolute return pioneer Harte exits
Colin Harte, who launched one of the UK's first absolute return funds, has left Baring Asset Management after the firm decided to merge away his fund.
Cowley: QE is not working - gilts are effectively worthless
Old Mutual's Stewart Cowley says QE has had little effect and that a corporate bond QE program would be a winner as it would help stimulate the rise of the private sector.
Suitability conundrum: what if discretionaries are accountable?
A growing number of wealth managers and regulatory consultants suspect there could be pressure on discretionary managers to take responsibility for suitability for bespoke mandates run for advisers.
UK's top fund team lift Brooks Macdonald stake above 8%
The managers of the UK All Companies' top performing fund in 2011, Liontrust's Anthony Cross and Julian Fosh, have lifted their stake in Brooks Macdonald to above the 8% mark.
The client battle: the value of a large regional sales force
With the battle for new business tougher than ever, how important is it to have a large regional sales team at your disposal?
Spurs boss Redknapp cleared of tax evasion
Tottenham Hotspur manager Harry Redknapp has been cleared of evading taxes on payments made to his Monaco bank account from his former boss at Portsmouth Milan Mandaric.
Artemis' Littlewood hit by Supergroup profit warning
William Littlewood's contrarian call on the fashion chain last year is yet to pay off after the firm issued a profit alert this morning.
Rothschild unveils Europe best ideas fund for AA-rated Huet
Olivier Huet will aim to outperform the economic cycle by picking the best stocks from Edmond de Rothschild's four existing European strategies.
Witan raises dividend for 37th consecutive year
The £1.2 billion investment trust will pay 6.55p interim dividend on 30 March, marking the 37th consecutive year of raised payouts.
Rowan Dartington hires new business development director
Trevor Cheal will be repsonsible for sales and marketing activities across the group, including its Signature investment arm.
Walker Crips hires ex BNP Paribas UK wealth head Rushton
The private client stockbroker has hired former BNP Paribas head of UK wealth management Mark Rushton to spearhead the growth of its private client business.
Tools of the trade: Haig Bathgate's key influences
Walker Crips fund manager Jan Luthman and a journalist turned fund manager are among the influences of Turcan Connell CIO Haig Bathgate.
Supergroup tumbles on profit warning; FTSE edges up
UK index back above 5,900 amid hopes that Greece is finally about to secure a deal for a new international bailout package.
Ruffer: index linkers remain the cornerstone of our strategy
The Ruffer team still believe index linked bond are dangerous not to own despite the risk asset rally and describe the Fed’s commitment to keep interest rates on hold until 2014 as a ‘moral hazard’.
Discretionary blow as advisers who outsource face VAT liability
Advisers who outsource to discretionary managers will have to charge their clients VAT, according to draft HM Revenue & Customs (HMRC) guidance.
Old Mutual sells asset management subsidiary to Goldman Sachs
Old Mutual has sold Dwight Asset Management to Goldman Sachs Asset Management, to help free up capital for Old Mutual Asset Management.
2,000 tax dodgers come clean in Liechtenstein clampdown
Around 2,000 tax evaders with money invested in Liechtenstein have come clean after HM Revenue & Customs put the European tax haven under the spotlight.
Miller: IMA should be renamed ‘Investor Misinformation Association’
Alan Miller's clash with the Investment Management Association continues to bubble after the funds trade body refuted his claims of £18.5 billion worth of hidden costs buried in active management.
Wednesday Papers: Glencore-Xstrata merger threatened
And Greek shares rally as prime minister closes in on bailout deal.
Overnight Markets: US stocks advance on earnings reports
Coca-Cola rose 0.8% after reporting better-than-expected quarterly results, sending the Dow Jones to its highest level since May 2008.
News sponsored by:
On Citywire today
Citywire TV
Why Chris Burvill is feeling a little more optimistic
Henderson Cautious Managed fund manager Chris Burvill explains why he is feeling a little bit more optimistic about life this year.
