Miton Asset Management is to soft-close the Miton UK Multi Cap Income fund at the end of the month following strong inflows.

Henderson Global Investors has appointed Phil Apel as head of fixed income as Jim Irvine exits the firm.

The Indian stock market hit an all-time high today, beating the last record high reached in 2008.

Two traders working at Royal Bank of Scotland (RBS) have been suspended in connection with an investigation surrounding the possible manipulation of foreign exchange (forex) rates, according to reports.

Daniel Godfrey, chief executive of the Investment Management Association (IMA), has called for fund managers to engage the mass market in the UK, in order to drive the industry forward.

Kunal Ghosh, the new San Diego based manager of the Allianz BRIC Stars fund, has begun to tilt the portfolio away from its titular focus in favour of smaller emerging markets.

T Rowe Price's European equity manager Dean Tenerelli said he is finding attractive entry points into stocks linked to the domestic economy in Continental Europe.

Invesco Perpetual is to change the name of Paul Causer and Paul Read's top-performing European High Yield bond fund to better reflect its global investment approach.

Katharine Dryer has joined Jupiter as product specialist for its fixed interest and multi-asset team.

J O Hambro Capital Management's income duo James Lowen and Clive Beagles have said financial stocks still offer incredible value at current levels, amid growing interest in the sector.