The drought that has devastated Russia's wheat harvest has brought misery to thousands, but the sharp rise in prices has meant bumper returns for investors in the agriculture sector. Nick Sudbury reports
On this week's Fixed Income debate, our panelists addressed the likelihood of deflation rather than inflation in the coming months and turned their backs on the chances of a double dip recession.
Tineke Frikkee, manager of the £2.52bn Newton Higher Income fund, expects BP to resume dividend payments as early as February next year.
BNY Mellon has launched a Dublin-domiciled version of James Harries' Newton Global Equity Higher Income fund - offering sterling, dollar and euro denominated share classes.
BNY Mellon has announced its Classic ADR index will serve as the primary benchmark for a new actively managed international ETF.
Two investors seeking the immediate return of their money from a bank linked to US Ponzi swindler Bernard Madoff had their request turned down by a Dutch court yesterday.
A Bank of New York Mellon subsidiary has been charged with fraud for misleading clients about investments tied to Bernard Madoff.
A number of beleaguered investors in the suspended CF Arch cru fund range have taken their case to the police, demanding charges be brought for "bad investment advice".
Equity exposure is rising among pension funds as returns boomed in 2009, according to BNY Mellon Asset Servicing.