News and comment
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Citywire Investment News
- Barings' absolute return pioneer Harte exits
Wed, 08 Feb 2012 16:16:47 Z
Colin Harte, who launched one of the UK's first absolute return funds, has left Baring Asset Management after the firm decided to merge away his fund.
- Witan raises dividend for 37th consecutive year
Wed, 08 Feb 2012 13:53:16 Z
The £1.2 billion investment trust will pay 6.55p interim dividend on 30 March, marking the 37th consecutive year of raised payouts.
- Rothschild unveils Europe best ideas fund for AA-rated Huet
Wed, 08 Feb 2012 12:50:29 Z
Olivier Huet will aim to outperform the economic cycle by picking the best stocks from Edmond de Rothschild's four existing European strategies.
- Rowan Dartington hires new business development director
Wed, 08 Feb 2012 12:47:00 Z
Trevor Cheal will be repsonsible for sales and marketing activities across the group, including its Signature investment arm.
- Spurs boss Redknapp cleared of tax evasion
Wed, 08 Feb 2012 12:21:07 Z
Tottenham Hotspur manager Harry Redknapp has been cleared of evading taxes on payments made to his Monaco bank account from his former boss at Portsmouth Milan Mandaric.
Citywire News
- Liontrust takes another bite of Brooks Macdonald
Wed, 08 Feb 2012 17:23:37 Z
Liontrust's Anthony Cross and Julian Fosh up their stake in fund management group Brooks Macdonald (BRK.L).
- FTSE slips on Greek deal; Reckitt Benckiser tops index
Wed, 08 Feb 2012 17:22:58 Z
Britain?s FTSE slides as Greek politicians meet to discuss major financial reforms for the country ahead of the next part of the EU bailout.
- Chart of the Day: China, an economic miracle no more
Wed, 08 Feb 2012 17:04:07 Z
Chinese 'rebalancing' has begun, with major implications for investors.
- Safe havens in short supply, and only China can help
Wed, 08 Feb 2012 16:00:00 Z
?Tectonic? changes are wiping out investment safe havens, and the solution may lie with China, says Barclays' annual Equity Gilt study.
- 5 things the Money Advice Service can teach savers
Wed, 08 Feb 2012 15:52:16 Z
We don't have many favourite quangos at The Lolly but the Money Advice Service is one. If you're struggling to get saving, here's how five of its online tools can help.
FT.com - Financial Markets News
- Euro strengthens despite delay on Greek deal
Wed, 08 Feb 2012 20:17:51 GMT
The euro climbs against the dollar in spite of a further delay to a Greek debt deal, although investors still expect a positive outcome
- US stocks react to 2012 forecasts
Wed, 08 Feb 2012 20:16:26 GMT
US stocks open higher, but discussions in Athens to secure a further tranche of bail-out money continue to weigh on sentiment
- European cold snap fuels Brent highs
Wed, 08 Feb 2012 19:47:31 GMT
Worries about supplies from Iran and Africa and freezing weather helps crude consolidate its recent gains to six-month highs
- ECB action lowers euribor rates
Wed, 08 Feb 2012 18:39:43 GMT
The cost of eurozone interbank lending has fallen to its lowest level in 12 months thanks to the ECB?s liquidity injection
- Greek parties poised to agree cuts
Wed, 08 Feb 2012 18:24:16 GMT
Lucas Papademos holds critical meeting with leaders of national unity government to approve a further ?3bn of extra savings
BBC News
- Livingstone in 'gay Tories' row
Wed, 08 Feb 2012 21:05:25 GMT
Conservative MPs call for Labour's candidate for London mayor, Ken Livingstone, to apologise for saying their party is "riddled" with homosexuals.
- Women bishop concessions rejected
Wed, 08 Feb 2012 21:05:22 GMT
Anglicans opposed to the ordination of women bishops are refused concessions they said would secure their place in the Church of England.
- Reaction to Capello's resignation
Wed, 08 Feb 2012 20:53:38 GMT
Reaction to the resignation of England manager Fabio Capello.
- Rumours over top China policeman
Wed, 08 Feb 2012 20:49:51 GMT
A top Chinese policeman in charge of a major crackdown on organised crime goes on leave, amid rumours of an investigation and a bid for asylum.
- Baby son was suffocated by father
Wed, 08 Feb 2012 20:47:55 GMT
A father suffocated his six-month-old son before hanging himself at a house in Lancashire, an inquest hears.