News

German five-year government debt sold at a negative yield for the first time in history on Wednesday as borrowing costs and inflation in the eurozone continue to fall.

HSBC's senior executives have apologised to a committee of MPs for the failings in its Swiss private banking arm which meant clients avoided paying millions in tax.

Hugh Yarrow (pictured) and Ben Peters, managers of the Evenlode Income fund, have revealed the top five stocks which have helped drive the success of their top-performing portfolio.

Simon Brazier has completed his overhaul of the £164m Investec UK Alpha fund, trimming positions in "expensive" cyclical stocks in favour of more globally diversified companies.

Three prominent London Business School academics have calculated the FTSE 100 has a 50% chance of hitting the 10,000 level by 2022, following its recent record-breaking performance.

Invesco Perpetual has promoted Asad Bhatti to join Paul Causer and Paul Read in managing the firm's high yield fund.

Momentum investing strategies have been the subject of much criticism over the years, but new research suggests they can be winners over the long term.

AXA Wealth has moved into profitability following "strong growth across the business", which saw overall funds under management (FUM) increase by 11% last year.

Shares in wealth management group St James's Place (SJP) rose almost 5% in early trading on Wednesday, after it reported a near-30% rise in profits last year despite a negative contribution from its distribution business.

Henderson Global Investors saw net inflows almost triple in 2014, taking its AUM above the £80bn mark, but noted the business faces regulatory challenges this year.