News and comment
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Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.
Citywire Investment News
- The little-known boutique that dominated global equities in 2009
Thu, 11 Mar 2010 13:30:50 GMT
With three managers at the top of the global equity sector for 2009, it's time investors took notice of London-based investment boutique Treetop Asset Management.
- Ombudsman's Arch Cru decision overturned
Thu, 11 Mar 2010 13:07:18 GMT
Regulatory Legal has overturned a Financial Ombudsman Service ruling against an adviser who recommended the Arch Cru Investment Portfolio fund as a 'low to medium risk' investment.
- Should the Tories ditch George Osborne for Ken Clarke?
Thu, 11 Mar 2010 11:17:14 GMT
Would Conservative fortunes be improved by making Ken Clarke shadow chancellor?
- Adam Co's expansion plan targets financial planners
Thu, 11 Mar 2010 10:51:30 GMT
Private bank Adam Co is undertaking a strategic recruitment drive to beef up its financial planning capabilities.
- Matrix teams up with Lazard for convertible arbitrage strategy
Thu, 11 Mar 2010 10:23:41 GMT
Subject to regulatory approval Matrix is looking offer Lazard's convertible arbitrage hedge fund strategy under a Ucits III structure.
BBC Business News
- High-speed rail plans announced
Thu, 11 Mar 2010 13:34:43 GMT
Plans for a new high-speed rail line between London and Birmingham are announced by Transport Secretary Lord Adonis.
- Red Knights get advisers for bid
Thu, 11 Mar 2010 13:34:42 GMT
The Red Knights group eyeing a possible bid for Manchester United says investment bank Nomura will advise it.
- Record judgement: Pink Floyd win EMI court battle
Thu, 11 Mar 2010 13:32:28 GMT
EMI are no longer allowed to sell individual Pink Floyd tracks online, the High Court rules.
- Union considering BA strike dates
Thu, 11 Mar 2010 13:31:10 GMT
Union leaders representing British Airways cabin crew are meeting to decide whether to announce dates for a strike.
- Man Utd in Malaysia sponsor deal
Thu, 11 Mar 2010 13:21:55 GMT
Manchester United signs a five-year sponsorship deal with communications group Telekom Malaysia.
Citywire News
- Why BP is a must-own for income seekers
Thu, 11 Mar 2010 11:10:00 GMT
BP has bought more assets in the Gulf of Mexico and its first licenses in Brazil, adding to its already robust production growth prospects.
- Could the Chancellor unveil a Budget sweetener for ISA savers?
Thu, 11 Mar 2010 11:01:00 GMT
Allowing ISA savers to invest their whole allowance into cash investments might be a cheap and easy way of wooing middle class voters.
- Market Update: Brighter retailers outweigh cautious miners
Thu, 11 Mar 2010 10:05:29 GMT
Retailers draw comfort from better-than-expected sales figures from Home Retail, William Morrison and John Lewis, but miners weaker amid fears of runaway Chinese inflation.
- Broker Roundup Update: Collins Stewart recommends Close Bros
Thu, 11 Mar 2010 09:33:36 GMT
HSBC overweight in BP and WPP.
- Why this bull market could last two more years
Thu, 11 Mar 2010 09:28:45 GMT
As the recovery moves into its second year, there are reasons to be optimistic with every post-war bull market having run into a third year and lasting 50 months on average.
BBC News
- High-speed rail plans announced
Thu, 11 Mar 2010 13:34:43 GMT
Plans for a new high-speed rail line between London and Birmingham are announced by Transport Secretary Lord Adonis.
- Man collapses after 'youth abuse'
Thu, 11 Mar 2010 13:33:58 GMT
A 64-year-old man is found dead outside his home in Greater Manchester after police receive reports of youths causing trouble.
- Pink Floyd win EMI court battle
Thu, 11 Mar 2010 13:32:28 GMT
EMI are no longer allowed to sell individual Pink Floyd tracks online, the High Court rules.
- Ferguson issues Rooney challenge
Thu, 11 Mar 2010 13:30:48 GMT
Sir Alex Ferguson challenges Wayne Rooney to surpass Cristiano Ronaldo's 42-goal season for Manchester United.
- Four due in court over expenses
Thu, 11 Mar 2010 13:28:57 GMT
Three MPs and a peer are due in court later to face charges in relation to their expenses claims.
