Economics / Markets
HSBC's senior executives have apologised to a committee of MPs for the failings in its Swiss private banking arm which meant clients avoided paying millions in tax.
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The contrasting fortunes of the US, UK and Europe are causing a fixed income allocation headache for advisers and investors. Stewart Smith attempts to provide some relief...
Recent snippets from some of the investment world's biggest names...
Ian Aylward has cut Aviva Investors' multi-manager exposure to US equities to an underweight position for the first time since 2011, fearing the stocks are deeply over valued.
Multi-asset managers are adopting a range of strategies to protect portfolios if asset class correlations begin to break down, turning to sector-specific investments and raising cash.
Japan came out of a recession last year after two consecutive quarters of negative growth.
The Confederation of British Industry (CBI) has upgraded its UK growth forecast in the face of low inflation and falling unemployment figures.
The eurozone economy beat growth expectations in the last quarter of 2014, buoyed by a resurgent Germany.
Managers are taking a fairly positive stance on the region in 2015, but Simon Dorricott offers a word of warning...
The Bank of England has said it is prepared to cut rates further and expand its quantitative easing (QE) programme should the current downward slide in inflation worsen.
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