PSigma is launching a Global Equity fund for James Abate, which will be managed by the group's New York equity strategic partner, Centre Asset Management.

Markets have opened firmer across Europe despite Portugal's request for €80bn, with investors waiting on interest rate announcements in the UK and Europe later today.

The FTSE is hovering below 6,000 at the start of this week's trading, down 0.04% or 2.6 to 5,999.45, as traders await the outcome of today's eurozone finance ministers' meeting in Brussels.

Aegon Asset Management has promoted Euan McNeil to the role of co-manager on its Ethical Corporate Bond fund, replacing high yield specialist Phil Milburn.

Investment banking giant JPMorgan has been revealed as the £1bn mystery acquirer of more than 50% of the copper on the London Metal Exchange.

US auto giant General Motors is set to raise up to $22.7bn in its IPO, which could make it the largest stock offering in US history.

Swiss & Global Asset Management has expanded its range with the launch of the Julius Baer Absolute Return Europe Equity fund.

The debt position of Greece, officially Europe's most indebted country, is set to be to worse than previously expected this year.

London flatshare specialist Urban Share has launched a new fund to help meet the growing demand for shared properties in the capital.

BP is set to halve its previous £6bn annual dividend when it reinstates payouts early next year.