The People's Bank of China has raised interest rates for the second time this to by 27 basis points to 6/12%.
Paul Niven, head of asset allocation at F&C Asset Management, commented: “The move reflects a desire by authorities to cool rampant investment spending and to manage an orderly slowdown in the economy....
First of a number of acquisitions
The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.
West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.
Employers need to do more to inform employees unaware of auto-enrolment Scottish Widows research shows.
Naomi Osinnowo asks what needs to be done to get people to engage with retirement planning.
'Reduce stress levels all round'
Six risk-rated, multi-asset portfolios
Fifth of advisers predict mass-exodus
Around half a day difference
Sales down 26% in last five years