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Investments

Newcastle bucks trend to reveal net growth in cash ISA balances

Newcastle Building Society is bucking the trend of reports that show building societies had a net withdrawal of £212 million from Cash ISAs in December 2008. The Newcastle has announced its cash ISA balances had increased not only in December, but by 42% over the last 12 months.

M&S Advantage Cash ISA rate is number one in the market

M&S Money is holding the interest rate on its recently launched Advantage Cash ISA option, following yesterday's reduction of 0.50% in Bank of England base rate.

Gartmore SICAV Latin American Fund wins Lipper Award

Gartmore's SICAV Latin American Fund is the best fund in its asset class over the last three years, according to the data provider Lipper Spain.

BA flies into the TD Waterhouse top ten buys

Angus Rigby, Chief Executive Officer, TD Waterhouse comments: "As this week's snow caused chaos to all major airports in the UK, BA appeared to suffer the effects on Monday as its share price closed four pence down.

Leeds ISA pays 4.00% above Bank Base

Leeds Building Society's 5-Year Escalator ISA pays up to 5%, which is 4% above Bank Base Rate (BBR) following today's announcement by the Bank of England to reduce BBR to a nominal 1%.

Coventry Building Society launches new fixed rate savings bonds

On Friday 6 February, Coventry Building Society is launching a new range of highly competitive 1, 2 and 3 year fixed rate bonds.

Standard Life Investments launches Strategic Bond Fund

Leading fund manager, Standard Life Investments has announced the launch of its Strategic Bond Fund.

Barclays Stockbrokers launches new Investment Note

Confidence in the FTSE 100 is on the rise, according to research from Barclays Stockbrokers. Nearly half of investors (48%) believe the FTSE will begin to recover in the next six months, and nearly a third (29%) believe it will happen in a year.

Standard Life Investments wins investment trust mandate

Standard Life Investments, a leading investment house, has announced that it has successfully completed the merger between Standard Life UK Smaller Companies Trust plc (SLS) and Gartmore Smaller Companies Trust (GSM).

BlackRock launches Fund of Alternatives

BlackRock has launched a ‘Fund of Alternatives' pooled fund for pension schemes, charities and other institutional investors.

ETF Securities: Gold hitting $900 an ounce

ETF Securities comments on gold hitting $900 an ounce: Gold broke through the $900/ounce mark last week for the first time since October 2008.

Vodafone expects profits to be boosted by weak pound

Today Vodafone increased its full-year revenue forecast up to a possible £41.5bn after the weaker pound boosted the value of its overseas sales.

Leeds launches Tracker ISA Plus

Leeds Building Society has launched a 1-year tracker ISA that is guaranteed to pay Bank Base Rate (BBR) plus 0.75%. The new ISA also allows access to up to 25% of the initial amount invested at any time, without notice or penalty.

Barclays Wealth adds new investment option to AKO 100

Barclays Wealth is reissuing its popular five-year Defined Returns Plan Annual Kick-Out with a new investment option to enable advisers to cater to different risk/reward appetites.

NS&I makes changes to its ISA range

NS&I has announced changes to its ISA savings products. From Monday 6 April 2009 NS&I's Cash ISA will no longer be available for new customers. In addition, the facility to deposit into an NS&I Cash ISA at Post Office branches or by bank giro credit is also being withdrawn.