Old Mutual’s Ventre: Why past performance means nothing

Yesterday’s winners are inevitably dragged down by their own success, Old Mutual Global Investors multi-manager head John Ventre says.

UK GDP grew by 0.9% in Q2

The figure for the second quarter marks the fastest growth seen in the last nine months and is also 3.2 per cent higher than the same quarter in 2013.

Adviser summoned to Crown Court over £1m investment fraud

John Field, 77, is alleged to have fraudulently obtained more than £1m from 33 investors over a 9-year period.

State Street cuts fees on passive range

State Street says the cuts have an average drop of 20 per cent.

FSCS declares seven investment and pensions firms in default

Investment and pension firms among 14 businesses declared in default. 

Axa Sipp head Nick Elphick departs in management restructure

Axa Wealth has restructured its management team in a post-budget move which sees specialist Sipp and onshore division head Nick Elphick depart the firm.

Nationwide reports first drop in UK house prices for 17 months

Average UK prices fell 0.2 per cent between August and September, according to Nationwide.