News

The latest World Wealth Report by Capgemini and RBC Wealth Management shows there was a slight increase in the global high net worth population since 2011, particularly in the Asia Pacific region.

The parent company of enhanced annuity provider Partnership intends to list the business on the stock market.

There are too many small, illiquid investment companies within the closed-ended sector which will struggle to win a place on wealth manager buy lists post-RDR, argues Standard Life Investments.

Former Prime Minister Tony Blair said the UK must keep open the option of joining the euro if the current crisis is resolved.

Jupiter is preparing to add a cautious product to John Chatfeild-Roberts' £7bn Merlin range, Investment Week understands.

Billionaire investor George Soros has called on Europe to start a fund to buy Italian and Spanish bonds, or risk the demise of the euro.

The Financial Services Authority (FSA) is set to reveal the results of its initial review into banks' alleged mis-selling of interest rate swaps to small businesses.

Lloyds Banking Group is set to sell the 632 branches, known as project Verde, for less than originally hopes, the Daily Telegraph reports.

Cofunds has announced it has hit the £40bn assets under administration (AUA) milestone.

The Bank of England should pump £50bn more into the "stalled" economy to kick-start the recovery, David Miles has told the Financial Times.