Investors in the high-profile Royal London Global Equity Select (BF93W97) fund face a dilemma following the surprise resignation of star manager Peter Rutter from RLAM (Royal London Asset Management) alongside several of the firm?s global equities team.The managers are expected to set up their own company, having secured financial backing from Australia?s Pinnacle Investment Management. The news r

Since BP (BP.) reported its full-year results on 6 February, events in the Middle East have helped drive Brent crude oil prices higher to bubble around the $90 per barrel mark.While this has already provided a boost to BP?s share price, it is only likely to have affected the last few weeks of the first-quarter trading period which BP will be reporting on when it updates the market on 7 May.Investo

The FTSE 100 came off session lows but still struggled to find its groove heading into Tuesday afternoon, with share price falls for miners meaning it underperformed continental peers.The FTSE 100 index was up just 3.00 points at 7,920.57. The FTSE 250 was up a more convincing 90.13 points, 0.5%, at 19,703.66, while the AIM All-Share was down just 0.02 of a point at 737.24.The Cboe UK 100 was marg

London?s FTSE 100 grew in confidence as Friday morning wore on, but still underperformed peers in Europe, despite its heavyweight miners and oil majors trading higher.The FTSE 100 index rose 16.41 points, 0.2%, at 7,759.56. The blue-chip index is up 1.2% week-to-date. Though 0.3% higher for the year so far, weekly gains for the FTSE 100 have been rare.The FTSE 250 climbed 53.30 points, 0.3%, to 19

European equities entered Wednesday afternoon in downbeat fashion, with lingering monetary policy concerns and worries related to developments in the Middle East tempering enthusiasm.Stocks in Europe struggled despite Asian equities getting a boost from China infrastructure spending plans.The euro, meanwhile, was slightly lower on the eve of the European Central Bank's next meeting.The FTSE 100 in

There is so much uncertainty facing investors from geopolitical stresses to inflation, the highest interest rates in two decades and potentially a recession. Finding an investment strategy to work amid all those risks is a big challenge, but the WisdomTree Global Quality Dividend Growth ETF (GGRG) looks like a good option.Since launching in 2016 the exchange-traded fund has outperformed the MSCI W

Equity markets went into Friday afternoon in negative territory, hurt by US interest rate worries, weaker China data, and escalating tensions in the Middle East.Thursday's US inflation data did little to soothe 'higher for longer' interest rate worries. Conversely, the inflation reading from China was tepid, adding to growth fears there.Israel, meanwhile, sent an order for citizens to evacuate Gaz

Stock prices in London struggled at midday on Tuesday amid fresh worries for the world's second-largest economy.'Nagging worries about the Chinese economy are a big contributing factor to the change in mood - the latest PMI reading from the services sector painting a shocking picture,' said Russ Mould, investment director at AJ Bell.The FTSE 100 index was up 9.46 points, or 0.1%, at 7,462.22. The

Stocks in London fell at Wednesday's market open, as risk sentiment across the globe took a knock after Fitch downgraded the US debt rating.The FTSE 100 index opened down 62.05 points, 0.8%, at 7,604.22. The FTSE 250 was down 124.34 points, 0.7%, at 18,941.32, and the AIM All-Share was down 1.65 points, 0.2%, at 762.98.The Cboe UK 100 was down 0.8% at 758.24, the Cboe UK 250 was down 0.6% at 16,61

European stocks went into Tuesday afternoon on the back foot, with the mood in equity markets hurt by a series of less-than-stellar manufacturing sector readings.There may have also been an element of profit-taking, after stock markets ended last week on the up, despite a trio of major central bank decisions. The central bank action continues on Thursday with the Bank of England. The Reserve Bank

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Stocks closed largely down in London on Tuesday as the FTSE 100 dropped into the red despite US President Joe Biden and House speaker Kevin McCarthy reaching an agreement to temporarily suspend the US debt ceiling.The FTSE 100 index closed down 105.13 points, or 1.4% at 7,522.07 on Tuesday in the first day of trade following a long weekend.Meanwhile, the FTSE 250 ended up 13.28 points, or 0.1%, at

European equities went into Wednesday afternoon sharply lower, as the threat of a US debt default draws ever-closer.In the UK, the annual inflation rate came off double-digit territory but still remains more robust than policymakers would like, putting the Bank of England under the spotlight.Shares in M&S defied the glum market mood, as improved annual earnings and the promise of a return to the d

(Alliance News) - London share prices opened lower on Wednesday, after a report showing price inflation cooled in the UK last month but not by as much as hoped, while core inflation actually picked up pace.The FTSE 100 index opened down 115.62 points, or 1.5%, at 7,647.33. The FTSE 250 was down 18,934.80 points, 1.4%, at 18,934.80, and the AIM All-Share was down 4.50 points, 0.6%, at 803.54.The Cb

Equities in Europe closed higher on Wednesday, as investors focus on the Federal Reserve's rate decision this evening, which is expected to be the central bank's final rate lift.The FTSE 100 index closed up 15.34 points, or 0.2% at 7,788.37 on Wednesday. The FTSE 250 ended up 51.37 points, or 0.3%, at 19,365.60. The AIM All-Share closed up just 0.1 of a point at 828.28.The Cboe UK 100 ended up 0.2

With less than a week to go before the next US interest rate decision, stock market participants were holding off on any big bets on Thursday ahead of two key economic indicators, leaving London shares flat at midday.The FTSE 100 index was down 3.81 points at 7,848.83. The FTSE 250 was up 27.47 points, or 0.1%, at 19,235.44, and the AIM All-Share was down 0.17 of a point at 821.67.The Cboe UK 100

London's FTSE 100 ended the week in positive territory on Friday, though share price falls for its mining sector prevented stronger gains.Elsewhere, there were M&A developments for investors to mull over. Network International received an improved offer, Sureserve backed a takeover bid, and Kape Technologies warned its suitors may soon have enough support to propose a delisting.It was a largely de

European markets were in confident mood as traders returned to desks from the Easter break on Tuesday, as comments from the International Monetary Fund on the fate of interest rates boosted sentiment.The dollar was largely higher than it ended on Thursday. Miners were among the stocks leading the way on the FTSE 100.The FTSE 100 index was up 18.37 points, or 0.2%, at 7,759.93. The FTSE 250 was up

A risk-off mood prevailed in London on Wednesday as stocks generally closed lower, while the FTSE 100 outperformed on a good day for pharmaceutical and utility stocks.'Appetite for risk is slowly decreasing, taking a break from the sharp bull run that started last week, while investors wait for further macro developments,' said Pierre Veyret at ActivTrades.The FTSE 100 index closed up 28.42 points

The equity market tone improved substantially on Wednesday, with the risk of a global banking crisis seeming to recede and a rally in Chinese technology stocks providing an additional boost.In London, insurance and banking stocks, as well as a share price recovery for grocer Ocado, bolstered the FTSE 100. Next suffered a share price decline, however, as investors were disappointed the retailer fai