News

M&G has appointed James Tomlins as co-manager of its £1.3bn High Yield Corporate Bond fund with immediate effect.

Warren Buffett's Berkshire Hathaway is set to miss its five year performance target for the first time in over four decades.

Alliance Trust Savings (ATS) is increasing the annual administration fee for the platform by up to £35 from the start of February.

Investment group Hartmann Capital is set to wind up after the FCA prohibited it from carrying out regulated business due to a £1.5m client money shortfall.

Aberdeen Asset Management is the biggest faller in the FTSE 100 index on the first trading day of 2014, as investors take profits after a stunning run higher for the business recently.

Craig Newman, ex-sales director at Invesco Perpetual, has moved Oakley Capital to work alongside fund manager Neil Woodford.

Hargreaves Lansdown co-founder Peter Hargreaves has questioned the need for businesses to pay corporation tax, saying he has "never understood" the concept.

The government's Help to Buy scheme has triggered over £1bn of new home loans in the first three months since its inception, the Prime Minister has said.

J.P.Morgan Chase & Co has revealed it paid more than 100 of its top staff in the UK an average of £2m each in 2012.

Pioneer Investments' head of European fixed income, Tanguy Le Saout, has identified four key fixed income themes for investors to watch in 2014.