News

Barclays Bank has unveiled a suite of 11 leveraged iPath ETNs on NYSE Arca.

Citi has announced it will be providing third-party securities lending services for Global X Funds' range of ETFs.

The CII is extending the capacity of its public exam centres by introducing additional sittings, driven by demand for level 4 qualifications.

Axa Wealth has posted a 48% increase in sales to £2.9bn for the first nine months of the year, driven by strong results from its Elevate wrap and multi-manager offering.

Pension experts have broadly welcomed Treasury plans to consult on allowing access to 25% of pension savings tax free before retirement but warn the new rules must be kept as simple as possible.

The IMA Global Emerging Markets sector recorded its largest monthly net retail inflow on record in October, as investors redeemed a significant amount from UK All Companies funds.

The CML has declared the contraction in mortgage lending "the most severe on record", with mortgage loans down by more than 50% and gross mortgage lending down 55% since 2007.

The FTSE 100 was up 1.09% or 60.17 to 5588.44 at 10.20am, shrugging off yesterday's dull showing after concerns over the eurozone debt left the index firmly in the red.

Brewin Dolphin Holdings has reported a 43% increase in profits for the year against a backdrop of escalating regulatory costs.

Gold will be one of the best performing asset classes of the next decade and could return as much as 8% a year over this period, Castlestone's Angus Murray says.