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Citywire Investment News

• Close Brothers Asset Management hits £9bn
  Fri, 24 May 2013 08:05:00 +0100
  Assets under management (AUM) at Close Brothers asset management arm rose 4% in the three months to the end of April.
  

• Chelverton plans European income trust for ex-Montanaro fund head
  Fri, 24 May 2013 08:05:00 +0100
  Chelverton Asset Management is planning to launch a European equity income trust for new recruit Ralph Singleton, who departed Montanaro Asset Management earlier this year, Wealth Manager understands.
  

• Nikkei turns black on rollercoaster day
  Fri, 24 May 2013 07:59:13 +0100
  As the trading session drew to a close in Tokyo the Nikkei was sitting in positive territory on a volatile trading day.
  

• Why value-sapped private equity may still be worth a punt
  Fri, 24 May 2013 07:00:00 +0100
  Private equity trusts are no longer the value play they once were, however Pantheon's Andrew Lebus explains why they still deserve a place in investors' portfolios. 
  

BBC Business News

• Japanese stocks recover after falls
  Fri, 24 May 2013 08:08:04 GMT
  Shares in Japan have closed 0.89% higher, one day after Thursday's global sell-off in shares.
  

• Manchester United cuts debt costs
  Fri, 24 May 2013 08:07:21 GMT
  Manchester United has struck a new loan deal to cut the amount of interest it pays on its huge debts.
  

• London Market Report
  Fri, 24 May 2013 07:55:11 GMT
  London's leading shares edge higher in early Friday trading, in a partial recovery from Thursday's big sell-off.
  

• German football model is a league apart
  Thu, 23 May 2013 23:10:24 GMT
  How German football clubs treat their fans differently
  

BBC News

• Manchester United cuts debt costs
  Fri, 24 May 2013 08:07:21 GMT
  Manchester United has struck a new loan deal to cut the amount of interest it pays on its huge debts.
  

• Giro d'Italia stage 19 cancelled
  Fri, 24 May 2013 08:01:49 GMT
  Stage 19 of the Giro d'Italia, to be held on Friday, is cancelled because of heavy snow.
  

• London Market Report
  Fri, 24 May 2013 07:55:11 GMT
  London Market Report
  

• Service held for killed soldier
  Fri, 24 May 2013 07:54:10 GMT
  Drummer Lee Rigby, the soldier killed by two assailants in south-east London on Wednesday, will be remembered at a service later.