News

The derivatives exchange Eurex will list seven options contracts on June 1, based on a range of Source ETFs.

Jupiter's Philip Gibbs has revealed he sold his entire stake in Prudential on the first announcement of its proposed takeover of AIA, believing it is a "very, very expensive deal".

A group of investors are poised to bring legal action against the FSA for allegedly mismanaging, and losing, $17.5m of their money.

The Dow has opened in positive territory after a sense of calm was restored to world markets following yesterday's dramatic falls.

Cavendish Asset Management has added two UK equity funds to its four-strong product range.

Government opposition to forced annuitisation ignores the fact people want to buy the products, argues deputy chief executive of Prudential UK Barry O'Dwyer.

Nearly two-thirds of mortgage brokers expect to do more mortgage business in the second half of 2010 than the first.

Positive Solutions fears mischievous recruiters are using the confusion surrounding legacy trail commission after 2012 to attempt to lure partners away from the company.

Cofunds' profits fell to £2.3m last year as the market downturn took hold, but the company underlined its "strong position" owing to a surge in assets onto the platform.

Legal & General group chief executive Tim Breedon will take over as chairman of the ABI in July.