Equities

What could derail over-stretched markets?

Fund Focus: Old Mutual's Stewart Cowley on how to prepare for rising interest rates

After five years of economic recovery, the bull market remains mistrusted

Jupiter has reported an 18% fall in its profits in the first half of 2014, with the group incurring £5.3m of costs from selling its private client business.

Net retail sales of UK equity income funds hit a record high of £1.4bn last month, according to the Investment Management Association, as Neil Woodford's new fund provided a boon to the sector.

Discretionary fund managers (DFMs) are facing growing pressures to standardise managed portfolio fees as the Financial Conduct Authority (FCA) considers warning advisers against using any service where costs are not clear.

Funds from Schroders, Jupiter, and Henderson Global Investors are dominating Chelsea Financial Services' new ratings service, FundCalibre.

Funds from BlackRock and J.P. Morgan have been added to Sanlam Private Investment's bi-annual list of underperforming income portfolios after a tough year for some of their mandates.

Aberdeen Asset Management has seen double the outflows it expected from its funds following completion of the SWIP takeover.

Legg Mason has announced it intends to buy Martin Currie in the last quarter of the year for an undisclosed sum.