- Markets rekindle German utilities sparkValue investors are beginning to like the country’s beaten-
up energy suppliers – or they are at least hating them less, finds . . .
- ‘Democratise drawdown’ says NestStrategies that were once the preserve of the wealthy could be open to those with smaller funds
- Buffett tells wife: go cheap and passiveIn the latest Berkshire Hathaway annual report,
Warren Buffett advises retail investors to buy cheap tracker funds and to steer . . .
- Bargain hunters move into RussiaOn complex value scoreboards devised by investment fund managers,
the country’s stocks are among cheapest, if not the cheapest, . . .
- Invesco’s Neil Woodford steps down earlyStar manager relinquishes control of his two Invesco Perpetual funds to his successor Mark Barnett nearly two months ahead of .
- China suffers first corporate bond defaultShanghai Chaori Solar,
a small Chinese solar power company, defaults on a $14. 6m bond with no sign of a government- led bailout
- Alliance Trust flags Scottish concernsDundee-
based fund manager begins preparations in case Scots vote to break away from the UK in September referendum
- Alexander warns Scots on risk to pensionsThe UK Treasury chief will try to bolster arguments for a No vote,
saying independence would ‘open the floodgates’ to financial . . .
- Banks are a proxy for credit bubble fearsAs credit markets grow rapidly,
concerned regulators are targeting banks, which hold little credit on their balance sheets, to . . .
- Japan to class Bitcoin as a commodityTokyo has been under pressure to come up with a regulatory framework following the collapse of Mt Gox,
an exchange that traded . . .