News

A City law firm has attacked the regulator's plans to remedy the damage caused to firms subject to a false warning notice, saying the proposed action was little more than a "footnote".

iShares has launched three ultra-short bond exchange traded funds (ETFs) and two short duration bond ETFs as investors seek out new ways to protect themselves if interest rates start to rise.

Salamanca group, the merchant banking and risk management business, has acquired the Investec Trust group of companies from Investec Bank for an undisclosed sum.

Fidelity Worldwide Investment is to acquire the entire share capital of Annuity Direct and its holding company Retirement Angels.

Rathbone Brothers has seen a 15.6% increase in funds under management (FUM) in the first three quarters of the year, with flows accelerating in Q3.

The US Congress has passed a bill to reopen the government and raise the federal debt limit, with just hours to spare before the nation risked default.

Polar Capital's UK equity team, led by Philip Hardy, is leaving the firm and will not be replaced, the group said today.

Jupiter has reported net inflows of £271m for the three months to 30 September, helping push assets under management (AUM) up by almost £850m over the period.

The Financial Conduct Authority (FCA) has confirmed it is investigating firms in relation to trading on the foreign exchange market.

Annuity and equity release provider Just Retirement is to float on the London Stock Exchange.