The national wealth manager says office closures are likely a thing of the past and has vowed to look to the future by focusing on three core areas, in spite of multi-million pound redundancy and computer software costs pulling its pre-tax profit down.
Narrowing its holdings has paid off for £1bn Monks, with companies like Facebook that promise strong future returns helping drive performance.
Legg Mason has launched a high alpha Macro Opportunities Fund, headed by Western Asset co-CIO Kenneth Leech and Prashant Chandran.
The OBR is widely expected to revise up its UK growth predictions in Thursday’s Autumn Statement, but are bullish investors too complacent about Britain’s recovery?
Investors in Indian property are in for a tougher time next year as rising interest rates take hold of the asset class, according to a recent research note from Citi.
The Investor Forum has been launched by the Collective Engagement Working Group as a response to the Kay Review on equity markets and long-term decision making.
Last month was the worst November for gold prices in more than 30 years, but investors pounced on the precious metals weakness to add to their positions.
Christopher Mills, co-founder of JO Hambro Capital Management, has added to his holding of Walker Crips.
M&G Investments has appointed Claudia Calich as manager of the Emerging Markets Bond fund with immediate effect, taking over from Mike Riddell.
Catalysts for a further re-rating of stocks above their long-term average are few and far between, but despite this, investor appetite remains high, writes Tim Short, Chief Risk Officer at City Financial.
Miton's Gervais Williams has opted to protect his trust with a put, but others are favouring increased cash buffers and believe standing on the side lines will be rewarded as markets correct.
Fund managers are standing by house builders despite the scaling back of the Funding of Lending Scheme (FLS) dragging shares down.
