Lombard St Research has expressed concerns Spain may have to leave the euro if it does not take drastic steps to improve its public finances.

The FTSE 100 opened higher, up 0.35% or 18.22 points to 5,196.74 following Wall Street's late rally.

The Government is to introduce the final changes to VCTs which were agreed with the European Union.

Prudential has refuted suggestions Fidelity called for its management to quit over its failed Asian takeover bid.

Sarasin managing partner Guy Monson has been orientating to take advantage of the weakening euro in his global multi-asset fund.

Royal London has scaled back its UK earnings forecast, following the BP oil spill, though it believes UK equities look attractive over the longer term.

The manager of the Finsbury Worldwide Pharmaceutical trust believes companies manufacturing generic medicines will continue to outperform the pharma giants.

BlackRock's Sam Vecht is bullish about the long-term prospects for Russia, arguing there is more to the country's economy than oil.

Allianz RCM's global emerging markets team is moving to an overweight position in Chinese property, believing the sector is poised for a rebound.

Downing Corporate Finance is making its first foray into the clean energy sector with an investment in a biogas producer.