Investment
Investment | 1 Dec 16
Hargreaves Lansdown hails its ‘biggest fund launch ever’
The HL Select UK Shares Fund launch on Friday has been hailed as its biggest ever by Hargreaves Lansdown.
IFA fined £234k for ‘McDonald’s advice’ on doomed Harlequin
The head of a UK IFA firm, which was one of the biggest sellers of the ill-fated Harlequin Property investments, has been fined £233,600 (€274,259, $291,491) for the poor advice he doled out to pension clients.
Emerging Markets | 1 Dec 16
Trump Tantrum hits emerging markets
Investors took their money out of emerging market (EM) assets in November at the fastest pace since the 2013 Taper Tantrum, according to the Institute of International Finance (IIF).
Commodities | 30 Nov 16
Oil spikes after OPEC strikes first deal in 8 years
The price of Brent crude oil surged above $50 (£40, €47) per barrel as rumours became reality that OPEC members had finally reached an agreement.
Woodford IM and L&G to fund UK start-ups
Woodford Investment Management (IM) and Legal & General’s principal investment arm have taken stakes in a £150m ($187m,€176m) venture platform to support UK digital start-ups at all stages of the funding cycle.