iShares is offering fixed income ex-financials funds in its latest range of nine ETFs to be launched on the London Stock Exchange on Monday.

Henderson New Star multi-managers Mark Harris and Craig Heron have made an initial investment of over £20m in the £101m GLG UK Select fund.

F&C has appointed Nucleus co-founder Philip Martin as head of proposition for its UK retail business.

The rising price of gold simply reaffirms investor scepticism about an apparent economic recovery and places the US dollar's position as the world's leading reserve currency further in doubt, F&C's Ted Scott says.

Bank of England governor, Mervyn King, says RBS and HBOS were within hours of a liquidity shortfall on 6 October 2008, and the day after, as the country's financial system came to the brink of collapse.

UK stock markets are vulnerable to a major correction should banks suddenly sell the equities they have been hoarding with Government bailout money, Moonraker's Jeremy Charlesworth says.

Net redemptions at Liontrust have slowed significantly in recent months, with the net outflow in offshore and retail funds amounting to just £27m from 1 July to 22 September.

The US dollar has fallen to a one-year low against the euro ahead of the G20 and Federal Reserve meetings.

HSBC Private Bank has appointed Willem Sels as head of its fixed income strategy for its UK Private Bank.

Bryan Collings increased exposure to Russia, Brazil and Indonesia in Hexam Global Emerging Markets during August, while retaining an overweight to China.