The average UK growth & income trust has outperformed its open-ended counterpart by 6% per annum over the last ten years. Kieran Drake, research analyst at Winterflood Securities, explains why.
UBS has been granted a licence from FTSE Group to use its recently launched currency product, FTSE WPU (World Parity Unit).
European markets have paused for breath in early trading after yesterday's heavy sell off, as contagion fears in the eurozone resurfaced.
The FTSE 100 fell 50 points, or just under 0.9%, in early trading on Tuesday as investors got their first opportunity to act on a disappointing US jobs report on Friday.
European indices opened in the red on Monday, reversing some of last week's gains which lifted markets to levels unseen since last summer.
London's leading share index edged closer to the 6,000 barrier today, as financials put the FTSE 100 on track for its sixth straight session of gains.