Unemployment in the UK fell to 5.6% in the three months to February, the office for National Statistics said on Friday, the lowest level since 2008. At the same time, the number of people in employment rose to a record of 31.05m.
Investment management group Schroders has launched a flexible catastrophe bond fund which will invest up to 25% in private cat bonds and be able to take tactical short positions.
With roughly a quarter of US corporates having now reported earnings, analysts are beginning to make assessments of the current state of the US recovery and what can be legitimately expected from the rest of the latest earnings season.
With roughly a quarter of US corporates having now reported earnings, analysts are beginning to make assessments of the current state of the US recovery and what can be legitimately expected from the rest of the latest earnings season.
Asian markets could see capital outflows when the US raises interest rates, according to Hugh Young, managing director at Aberdeen Asset Management.
With concerns being raised about the sustainability of some of the UK’s larger dividend payers, Income investors are increasingly looking to non-bank financials as a source of sustainable dividends.
Old Mutual’s Julian Roberts has stepped down from his role after seven years and will be succeeded by Bruce Hemphill.
F&C Investment Trust saw its dividend per share rise for the 44th consecutive year in 2014, the group announced in its annual statement.
Charles Stanley has cut its total dividend for the year to end March 2015 to 5p per share and is planning a £15.8m share placing in an effort to rebuild its capital levels and refocus the business.
Charles Stanley has cut its total dividend for the year to end March 2015 to 5p per share and is planning a £15.8m share placing in an effort to rebuild its capital levels and refocus the business.
Ashmore reported net outflows of $2bn during the quarter to 31 March 2015, but expects modest new subscriptions to continue to pick up.
Investors could be setting themselves up for a significant amount of disappointment, a new survey by Natixis reveals.
