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Investments

BlackRock agrees to acquire Barclays Global Investors

BlackRock, Inc. (NYSE: BLK) announced it has executed a purchase agreement to acquire Barclays Global Investors ("BGI"), including its market-leading ETF platform, iShares, from Barclays PLC ("Barclays").

Gartmore's Ben Wallace cautious about market prospects

UK equities advanced for a third consecutive month in May, with sectors sensitive to economic expectations, such as autos and banks, performing well.

Short term caution needed after huge bounce in equities

Paul Niven, Head of Asset Allocation at F&C: Risk and cyclically sensitive assets such as equities, credit and commodities have enjoyed a strong recovery during the second quarter of the year as fears of systemic failure in the financial system have been replaced by the hope that economic recovery is imminent and that the global recession is close to an end.

Foreign & Colonial Investment Trust retains blue-chip ranking

At the latest quarterly rebalancing of the FTSE 100 index, Foreign & Colonial Investment Trust has retained its place among the 100 largest UK listed companies, despite being widely tipped to return to the FTSE 250 index after just three months in the top flight.

James Hay adds Artemis and SWIP funds to Wrap and SIPP platform

James Hay has added the highly sought after Artemis Strategic Assets fund, as well as 37 Scottish Widow Investment Partners (SWIP) funds and four pH funds to its Wrap & SIPP platform. This is in response to feedback from IFAs.

Confidence returns as advisers back shares

Confidence in equity investments has dramatically revived in the past three months with 79% of IFAs advising clients to invest in UK shares over the next three months compared with just 57% in February when the FTSE-100 was heading down, according to the latest results from the Virgin Money Investor Intentions Index.

Threadneedle June investment strategy 2009

Sarah Arkle, Chief Investment Officer at Threadneedle, comments on investment strategy for June: Bonds -While the fundamentals for gilts remain positive in terms of the poor economic background, the technicals are negative given the sheer scale of governance issuance and the risk of a downgrade to the UK's AAA rating.

Markets await return of consumer while economy stumbles

Comment by Stuart Thomson, economist at Ignis Asset Management "The employment report provided further evidence that the US economy has moved from depression to recession with the help of enormous fiscal and monetary stimulus, but it would be wrong to assume that we will move seamlessly to recovery without further stimulus from the Fed.

Commercial property may again come to the fore, says Ignis

Commercial property may again come to the fore if inflationary pressures emerge in the wider economy, says George Shaw, manager of the Ignis UK Property Fund.

Fixed rate bond savers set for a big fall

Just 12 months ago savers had their pick of one year fixed rate bond products offering around seven per cent AER. But for those that invested in one of these deals a new reality awaits, with many rates dropping off significantly when the account reaches maturity.

Opportunities for investors as oil price hits new high

Despite the recession continuing to take its toll globally on the automotive industry, and stalwarts such as Ryanair reporting its first loss in 20 years, the outlook is brighter for those investors who have put their confidence in oil as the price of oil has recently hit new highs for the year above $65/bbl.

Close announce the closure of four global sub-funds

The Board of Close Investments Global Funds PLC has announced its decision to close four sub-funds of the Dublin domiciled Close Investments Global Funds PLC.

Equity value traded in May up 9%

The average daily value traded on the equity order books of London Stock Exchange Group during May was £8.2 billion (€9.2 billion).

IMA reviews impact of credit crunch on authorised funds

The Investment Management Association (IMA) has published a report on how the credit crunch has impacted UK authorised funds.

Gartmore finds ‘gems' in adverse sectors

Gervais Williams, Gartmore's Head of UK Smaller Companies and manager of the Gartmore Growth Opportunities investment trust and UK & Irish Smaller Companies OEIC, says that investors have been returning to company specifics in the small-caps sector and finding the realities very different to popular perception.