Old Broad Street Research has restored an A rating to Tim Steer's Artemis UK Growth fund.

Former Henderson New Star partnerships sales director Sam Mettrick has joined Artemis as head of strategic alliances.

Brazil's largest bank is considering buying stakes in UK giants Royal Bank of Scotland and Lloyds Banking Group, according to The Sunday Times.

Simon Brazier, who quit as manager of the Schroder UK Equity fund earlier this week, has moved to Threadneedle to become co-head of equities.

China is to hold its economic growth target at 8% in 2010 despite the global downturn.

Jupiter is to launch a European Absolute Return fund for Cédric de Fonclare and Stephen Pearson.

Finsbury Growth & Income Trust has reported a net asset value total return of 24% compared with 10.8% from the benchmark FTSE All-Share index.

The House of Lords EU Committee has written to Financial Services Secretary Lord Myners to express its concerns over "flawed" EU investment proposals.

Cazenove Capital has acquired independent fund manager Thornhill for an undisclosed sum.

F&C's multi-manager team has sold out of the Ignis Argonaut European Income fund in favour of Neptune's European Opportunities.