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Barclays profits down 7% as PPI and litigation costs mount

by Danielle Levy on Jul 30, 2014 at 07:50

Barclays' pre-tax profit fell 7% fall to £3.3 billion over the six months to the end of June.

The Expert View: GKN, St James's Place and BP

by Michelle McGagh on Jul 30, 2014 at 05:01

Our daily roundup of the best analyst commentary on shares, also including Tullett Prebon and Escher.

Overnight Markets: US stocks decline on weak outlook from UPS

by Himanshu Singh on Jul 30, 2014 at 04:20

United States’ new sanctions on Russia in the energy, arms and finance sectors further weighed on investors’ sentiment.

Wednesday Papers: EU and US toughen sanctions on Russia

by Himanshu Singh on Jul 30, 2014 at 04:05

And UBS, Credit Suisse and Deutsche Bank have been drawn into a deepening probe of banks’ anonymous “dark pool” trading venues.

UK economy ready to withstand rate rise

by Helen Harjak on Jul 30, 2014 at 00:01

With the end of ultra-low interest rates looking increasingly certain, the debate has turned to how well the UK is positioned to withstand tightening monetary policy.

Odey refuses to hand over Sky shares in takeover

by Robert St George on Jul 29, 2014 at 14:37

Crispin Odey is critical of BSkyB’s approach for Sky Deutschland, stating that he will not sell his shares in the deal.

Fidelity hires ex-JPM and Aberdeen bond chief

by Robert St George on Jul 29, 2014 at 14:34

Fidelity Worldwide Investment has recruited fixed income veteran Charles McKenzie from JP Morgan Asset Management.

Standard Life denies it's in talks to buy London HQ

by Dylan Lobo on Jul 29, 2014 at 14:25

The Edinburgh-based firm has dimissed reports it is looking to buy a London base as the Scottish independence vote looms.   

The 15 charts revealing wealth managers' key investment calls

on Jul 29, 2014 at 13:10

With all the talk of a looming sell off in risk and the uncomfortable rise in bond yields, we ask our readers where their convictions lie in our latest wealth manager survey.  

Barclays bosses face second lawsuit over dark pools

by Danielle Levy on Jul 29, 2014 at 12:47

A US investor is suing Barclays alongside its current and former bosses over losses suffered in relation to its dark pool.

Woodford effect: UK equity income attracts record inflows in June

by Danielle Levy on Jul 29, 2014 at 12:23

UK equity income funds attracted a record inflow of £1.4 billion in June, buoyed by star manager Neil Woodford's high profile fund launch.

FTSE edges up ahead of US data and Russia action

by Daniel Grote on Jul 29, 2014 at 10:58

Tougher sanctions against Russia and an onslaught of US data weigh on investors' minds as FTSE inches up.

The suitability race: how to drag wealth firms into the 21st century

by David Campbell on Jul 29, 2014 at 10:44

Many firms face a challenge keeping up with the most tech-literate clients without alienating the late-adopting majority, while meeting regulatory demands.  

SLI revamps £420m property fund

by Robert St George on Jul 29, 2014 at 10:35

Standard Life Investments has refocused its £420 million Select Property fund to emphasise direct holdings over real estate shares.

SJP launches level 7 masters in wealth management

by Danielle Levy on Jul 29, 2014 at 10:18

St James’s Place has joined forces with the Loughborough School of Business and Economics to launch a level 7 Masters degree in wealth management.

Investec rebrands ‘Capital Accumulator’ and ‘Free Enterprise’ funds

by Robert St George on Jul 29, 2014 at 10:07

Two of Investec’s more esoteric fund names are to be dropped in a rebranding exercise.

BlackRock hard-closes another star European fund

by Robert St George on Jul 29, 2014 at 10:04

BlackRock has closed its European Opportunities Extension fund to new money, having taken similar action with several other European mandates over the past year.

The Gherkin up for sale for £650m

by James Phillipps on Jul 29, 2014 at 08:09

The Gherkin, one of the City's more recent iconic landmarks, has been put for sale by receivers with hopes it will reach £650 million.

Electra rejects activist Bramson's restructuring proposals

by James Phillipps on Jul 29, 2014 at 07:55

(Update) Electra Private Equity has turned down activist shareholder Sherborne Investors Management's requests for a change of directors and strategy at the trust.

St. James's Place ups divi 40% as AUM hit £47.6bn

by James Phillipps on Jul 29, 2014 at 07:37

St. James's Place's saw assets under management (AUM) rise by 7% in the first half of the year to hit a record high of £47.6 billion although profits took a £7 million hit from the Financial Services Compensation Scheme (FSCS) levy.

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Unconstrained investing: Opportunities accross the board

SLI's Ed Legget, Thomas Moore and Mikhail Zverev discuss unconstrained investing.

Franklin Templeton's Richard Bullas on UK smaller companies

Richard Bullas, Portfolio Manager, Franklin UK Smaller Companies Fund and delegates at Citywire South West talk UK smaller companies.

Citywire TV

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BlackRock UK Special Sits: when will we sell our star holdings?

What would prompt Roland Arnold to sell the likes of Ashtead and Howden?

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