Co-op posts £2.5bn loss after ‘disastrous’ year

Professional Adviser | 17 Apr 2014 | 10:01

The Co-operative group has reported a record loss for the bank of £2.5bn after a “disastrous year” during which its banking division and the wider group came close to collapse.

The Co-operative Bank
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Tech rout continues as Google falls on weak earnings

Google shares moved sharply lower in after-hours trading following a disappointing update, with the negative sentiment that has blighted the sector showing no sign of abating.

Professional Adviser | 17 Apr 2014 | 07:50
gorham-ian

Hargreaves in talks over Woodford as assets pass £45bn

Hargreaves Lansdown has said Neil Woodford's new fund management venture could provide a further boost to its business after it reported record net inflows of £1.83bn for the first quarter.

Professional Adviser | 16 Apr 2014 | 07:37

Other Equities articles

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Facebook eyes foray into financial services - report

Groundbreaking social network service Facebook is set to expand into financial services, according to reports.

Professional Adviser | 13 Apr 2014 | 21:36
godfrey-daniel-copy

IMA to introduce benchmark for turnover costs

The Investment Management Association (IMA) is planning an industry standard for how fund groups disclose turnover costs, it has emerged.

Professional Adviser | 11 Apr 2014 | 15:14

Nasdaq slides 3% as shares tumble in latest tech sell-off

The Nasdaq index suffered its worst day since 2011 yesterday, dropping over 3% as investors continued to switch out of technology and biotechnology holdings.

Professional Adviser | 11 Apr 2014 | 07:38
jupiter

Jupiter inflows hit £550m in Q1

Jupiter has reported net inflows of almost £550m in Q1 as new investment trust business and continued retail flows bolstered AUM.

IFAonline | 11 Apr 2014 | 07:27
uk55

Where did the smart money go in March?

With equities and bonds now nearing the end of five- and ten-year bull markets respectively, there are relatively few places left to invest. Cherry Reynard reports.

Professional Adviser | 11 Apr 2014 | 07:08
rbs-sign

RBS takes major step towards resuming dividends

The Royal Bank of Scotland (RBS) has agreed a deal to scrap its Dividend Access Shares, bringing the resumption of dividend payments by the bank much closer.

Professional Adviser | 10 Apr 2014 | 08:03

AFH boss sells of significant stake after AIM listing

The chief executive of AFH Financial has sold off a significant stake, about £760,000, in the business after its recent AIM listing.

Professional Adviser | 08 Apr 2014 | 08:15
soapbox88

John Redwood asks: Is inflation really dead?

John Redwood, chairman of the investment committee at Charles Stanley Pan Asset, asks whether investors ought to reconsider their stall...

Professional Adviser | 03 Apr 2014 | 08:00
burns-james1

Because I'm happy: Smith & Williamson's Burns shares his strategy

James Burns, manager of Smith & Williamson’s MM Cautious Growth fund, tells Rebecca Jones why he is happy to forego income for capital growth using zero dividend preference shares...

Professional Adviser | 03 Apr 2014 | 08:00
anthony-bolton-fidelity-investment-managers

Bolton bows out: Manager feels 'vindicated' by final year

Anthony Bolton has said he feels his final year in charge of the Fidelity China Special Situations investment trust has 'vindicated' his decision to come out of retirement.

IFAonline | 01 Apr 2014 | 10:21
Royal Mail

Taxpayer lost out on Royal Mail sale - watchdog

The government could have reaped more value from the Royal Mail sale it if had been less cautious and better controlled access to shares, the National Audit Office has said.

IFAonline | 01 Apr 2014 | 07:55
woodford

Invesco Perpetual to shift High Income fund out of equity income sector

Invesco Perpetual has announced that Mark Barnett's Invesco Perpetual High Income fund will move out of the IMA Equity Income sector and into the IMA UK All Companies sector on 31 March.

IFAonline | 28 Mar 2014 | 12:45
Handshake

Invesco Perpetual strengthens UK equities team with new hires

Invesco Perpetual has made three appointments to its UK equities team.

IFAonline | 27 Mar 2014 | 16:18
stephen-lansdown

Stephen Lansdown offloads £200m Hargreaves stake

Stephen Lansdown has sold off another significant stake in Hargreaves Lansdown, the business he co-founded.

IFAonline | 27 Mar 2014 | 07:13
lloyds-bank-logo

Lloyds shares drop after government sells down stake

Shares in Lloyds Banking Group fell more than 5% this morning after the government sold another 7.8% of its stake in the bank last night.

IFAonline | 26 Mar 2014 | 11:05
two businesspeople shaking hands

Standard Life Investments secures £390m deal for Ignis

Standard Life Investments (SLI) has agreed a £390m deal to acquire Ignis Asset Management from Phoenix Group.

IFAonline | 26 Mar 2014 | 07:22
A hand extended holding a bag of pounds - illustration

ISA season 2014: Where is the hot money going?

Cherry Reynard uncovers the themes and funds proving most popular with ISA investors this year...

IFAonline | 25 Mar 2014 | 09:52

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