M&G Investments' top performing Global Dividend manager Stuart Rhodes has initiated a number of new holdings over the past couple of months as he seeks a new wave of income payers.

Investment bank Canaccord Genuity has named its ten top investment trusts to thrive in bull market conditions.

Barclays has been fined $453m (£300m) by US regulators for allegedly manipulating energy prices.

A number of wealth managers have privately warned fund groups they will be less inclined to recommend funds which give preferential prices to the biggest distributors in the market, Investment Week understands.

Fund supermarket Hargreaves Lansdown is continuing to shun investment trusts despite bolstering its research into the sector over the past year.

Federal Reserve chairman Ben Bernanke last night moved to quell fears there will be a quick exit from its quantitative easing (QE) programme in the coming months, arguing the US economy is not yet in a strong enough position to halt stimulus measures....

Odey Asset Management is to soft-close James Hanbury's top-performing £629m UK Absolute Return fund next week.

The price of oil has broken through $100 a barrel for the first time in almost a year, amid concerns the political turmoil in Egypt could disrupt Middle East supplies.

The Bank of England has said market expectations of future rate rises are "not warranted", sparking a drop in sterling and a 50 point jump in the FTSE 100.

The UK economy delivered growth of 0.3% in the first quarter of the year, the final reading from the Office for National Statistics has confirmed, but revisions to previous readings mean there was no 'double-dip' recession.