The Government will own nearly 58% of embattled banking giant RBS after existing investors shunned its £15bn rights issue.

New multi-manager boutique Apollo Multi Asset Management is to distribute its Balanced and Cautious funds outside the UK through Guernsey protected cell companies (PCCs).

The introduction of Personal Accounts is unlikely to grow UK pension provision in the way the Government hopes, says a leading Actuary.

The implementation of the feedback RDR proposals, which include setting QCA level four qualification as the minimum entry level for investment advisers, has the potential to cause a seismic shift in the advice landscape.

Isle of Man Treasury Minister Allan Bell has welcomed the Isle of Man High Court's decision to allow more time for the development of a solution for the depositors of Kaupthing Singer & Friedlander Isle of Man (KSF IoM).

Growth in Africa should not be hampered by a slowdown in the Chinese economy, despite much of sub-Saharan Africa's new infrastructure spending coming from the Asian giant, according to New Star Heart of Africa fund manager Jamie Allsopp.

UK funds saw a severe drop in assets under management (AUM) last month, according to the latest figures from the Investment Management Association (IMA).

Action to suspend trading on stock exchanges in times of volatility may not be a bad thing, according to Dean Newman, head of emerging market equities at Invesco Perpetual.

With-profits final bonuses have been cut for NFU Mutual policyholders as a result of heavy stock market losses.

Yields on some UK and European stocks are currently at levels where it would look attractive to start putting money back into the markets, according to Allianz RCM's chief investment officer Europe, Neil Dwane.