Fund managers have a "critical" imperative to warn clients about the risks of chasing yield despite low volatility, former monetary policymakers have warned.
Bank of America Merrill Lynch is close to agreeing a $16bn-$17bn settlement over its handling of mortgage-backed securities in the run up to the financial crisis, according to reports.
International investor demand for European equities helped Henderson boost retail net inflows by more than seven times in the first half of 2014.
Henderson Global Investors has hired a multi-asset director to expand its retail and institutional business.
Scotland's fund industry is lining up tax and legal specialists ahead of the independence referendum, as some predict continuing uncertainty whatever the result.
The FCA has used its consumer protection powers for the first time, banning the sale of contingent convertible securities to the mass market.
Some of the country's top bond fund managers are increasing liquidity in their portfolios over fears a ‘shadow banking' bond market bubble buoyed by ‘tourist' investors may burst.
Henderson to change the name of the Global Strategic Capital unit trust and overhaul its mandate following the departure of manager Paul Craig.
Poorly-performing senior bank employees face bonuses being clawed back up to seven years after they were awarded, under plans unveiled by the Bank of England today.
Bond fund investors should beware a crowded market where there is a growing risk of being caught out by a sharp sell-off in fixed income, analysts at RBS have warned.