FTAdviser latest:Sterling hits five-year low

Story by: Gemma Westacott, FTAdviser

The sterling reached a five-year low against the US dollar earlier today (10 October), as ongoing concerns over the strength of the UK economy caused the bid price to fluctuate

  • Time published: 14:18
  • Date published: 10.10.2008
  • Published in: Investments

Standard Life's FundZone passes the 1000th fund mark

FundZone, Standard Life’s mutual fund supermarket, now has access to more than 1000 distinct funds, giving advisers a wider choice of top-rated funds in all the main asset classes.

  • Date published: 09.10.2008

UK savers affected as Icelandic bank nationalised

Landsbanki, the Icelandic bank that offered investments, commercial lending and investment banking services in the UK, has been nationalised.

  • Date published: 07.10.2008

S&P rolls out Commercial Paper index

Standard & Poor’s has rolled out the S&P US Commercial Paper index, designed to provide a benchmark for the country’s commercial paper market.

  • Date published: 06.10.2008

Confidence drops in money market funds

The aura of stability and protection surrounding money market funds has started to wane with six out of 29 funds in the IMA Money Market sector losing money over three months to 22 September, according to figures from Morningstar.

  • Date published: 06.10.2008

UBS to cut 2,000 investment staff

Swiss bank UBS has confirmed that 2,000 jobs are to go around the world following its extraordinary general meeting (EGM) in Basel yesterday (2 October).

  • Date published: 03.10.2008

Advisers should shun 'bunging money into bonds'

Think Group's Julie Lord believes advisers should get behind balanced portfolios

  • Date published: 02.10.2008

Newton hits out against 'blank-cheque' approach

Head of global fixed income warns on consequences of US intervention

  • Date published: 29.09.2008

Advisers divided on UK cash unit trusts

UK managers relaxed over fears the same problems that hit US money market funds in wake of Lehman collapse could spread here

  • Date published: 29.09.2008

RCM criticises Lehmans chiefs

Chief investment officer for Europe predicts more regulation in wake of collapse of the Lehman Brothers banking empire

  • Date published: 22.09.2008

Features

One rule for one and one for another

There seems to be discrepancies at HBoS in terms of people being able to close their accounts immediately

  • Time published: 00:01
  • Date published: 09.10.2008

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Product Reviews

Bank of Scotland rolls out instant access saver account

Product review

  • Time published: 00:01
  • Date published: 09.10.2008

News Analysis

Has the risk-free magic left the stage?

IMA pours cold water on claims that structured products are the choice for 'peace of mind'

  • Time published: 00:01
  • Date published: 22.09.2008

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