oil

Proposals to regulate energy derivatives in the US could affect ETFs trading directly in the futures market, pushing some providers to use swaps. Helen Fowler reports

A class action has been filed against ProShares for allegedly providing false and misleading information relating to its UltraShort Oil and Gas fund.

ETF Securities (ETFS) has listed the Forward Crude Oil ETC on the London Stock Exchange (LSE).

Source has listed an ETC offering exposure to crude oil futures contracts on the Xetra platform.

Commodities investor Jim Rogers has forecast a boom in commodities as demand for raw materials exceeds supply for the next twenty years.

Lloyds Banking Group has submitted new plans to the FSA in a bid to cut its participation in the government-backed toxic debt insurance scheme.

Deutsche Bank has closed its crude oil double long ETN, due to limitations imposed by the New York Mercantile Exchange.

Ashburton is seeking alpha through recession-friendly consumer buys such as sausages, in its European Equity fund.

Thousands of people who bought into low-risk savings certificates with the government's savings arm have been short-changed due to failings in its computer system, according to the Times.

The state pension age should be raised to 70, the author of an influential report into the future of pensions suggested yesterday, according to The Telegraph.