F&C Investments recorded a £4.9bn outflow in the fourth quarter of 2012, with AUM hit by strategic partner withdrawals and redemptions in its wholesale business.

London's leading share index soared to its highest level since May 2008 in afternoon trading yesterday, breaking through the 6,300 barrier, as the New Year rally continues to gather pace.

The Association of Investment Companies (AIC) has warned venture capital trust (VCT) fundraising will halve next year, if the vehicles are not granted an exemption from the Financial Services Authority's (FSA's) sales ban on unregulated collective investment...

The European Union has launched a competition to find the latest dangerous financial product, in an attempt to unearth the next mis-selling scandal.

The Association of Investment Companies (AIC) has warned offshore investment trusts and UK REITs could be under threat from Financial Services Authority (FSA) proposals to ban promotions of unregulated collective investment schemes (UCIS) to ordinary...

The euro has hit a nine-month high against sterling after UK industrial output grew less than expected in November.

Premier has hired former Framlington CIO Neil Birrell to run its £63m Alternative Strategies fund, after co-manager Raj Hallen exited the firm.

The Office for National Statistics (ONS) has decided to retain the way the retail prices index(RPI) is calculated after a consultation with the industry.

L&G Investments' managing director of investments Simon Ellis has left the firm.

F&C Investments has launched the first capital-protected RDR-compliant share class in the UK for its Lifestyle range and other multi-manager funds run by Gary Potter and Rob Burdett.