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News

Equities

Buxton rakes in £110m in two weeks for Old Mutual

Old Mutual Global Investors has seen inflows of more than £100m into Richard Buxton's UK Alpha fund, ahead of his arrival at the group.

clock 18 June 2013 •

Economics / Markets

Markets climb as world looks to Fed for QE exit strategy

US markets followed shares across Europe higher overnight, while the dollar also surged, ahead of the latest Federal Reserve meeting in the States which may map out a QE exit strategy.

clock 18 June 2013 •

Regulation

L&G names insider finance director after PRA intervention

Legal & General (L&G) has promoted one of its senior staff to finance director after the insurer's external candidate was disapproved of by the regulator.

clock 18 June 2013 •

Regulation

SFO set to prosecute over LIBOR scandal

The Serious Fraud Office (SFO) is set to begin the first criminal prosecution in the LIBOR-rigging scandal and could charge a former UBS and Citigroup trader this week, The Times reports.

clock 18 June 2013 •

Offshore Investment

deVere approved for US nationwide adviser licence

Advisory group, deVere, has been granted an Investment Adviser licence from the US Securities and Exchange Commission (SEC).

clock 18 June 2013 •

Wrap/platforms

Momentum Factor Series added to Standard Life

Momentum Global Investments Management's Factor Series fund range is now available via the Standard Life Wrap and Fundzone.

clock 18 June 2013 •

Regulation

MP proposes tougher payday lender regulations

Labour MP Paul Blomfield will introduce a private members bill on Wednesday with the aim of creating a harsher regulatory environment for payday lenders.

clock 17 June 2013 •

Equities

Bolton's legacy: The successes, the mistakes and the overall returns

Fidelity's legendary fund manager Anthony Bolton has announced he is to retire next April, bringing to a close a 35-year career managing money at the group, but what legacy does he leave behind?

clock 17 June 2013 •

Investment Trusts

Bolton: I am disappointed but do not regret my return

Anthony Bolton has told investors he has no regrets about taking on the Fidelity China Special Situations trust, despite a "disappointing" run of performance.

clock 17 June 2013 •

Regulation

FCA issues warning on Harlequin investments

The Financial Conduct Authority (FCA) is warning investors considering paying money to any of the companies in the Harlequin group "to do so with caution".

clock 17 June 2013 •
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