Collins Stewart's head of fund sales Michael Brown has left the firm to become a financial adviser.

Standard Life's Global Absolute Return Strategy was the top selling European total return vehicle in Q1 as the sector saw record sales in Europe, according to Lipper.

Institutional shareholders owning up to 15% of Prudential are preparing to write to the chairman telling him they will oppose the insurer's $35bn takeover of AIA.

Alliance Trust's new corporate bond fund is set to launch with half its holdings in senior bank debt.

First State's head of global resources David Whitten is leaving to take a career break after 13 years at the group.

The German Government plans to outlaw the naked short-selling of all stocks listed on its exchanges, enlarging last week's contentious ban on shorting key financial stocks.

Updated 9.00am: The FTSE 100 sank more than 2.5% to dip below 5,000 again in early trading as concerns over Europe's debt problems hit global markets.

Robin Hepworth has warned the UK faces another financial crisis if the major retail banks are not broken up. Hepworth, a senior fund manager at Ecclesiastical, says banks will have no incentive to act more cautiously if they remain at their current size....

First State has launched an onshore version of its Global Agribusiness fund, managed from Australia by global resources specialists Renzo Casarotto and Skye Macpherson.

OMAM manager rotates fund out of industrials into ‘stable and predictable' businesses