Artemis has been the subject of a management buyout.

Lincoln Unit Trust Managers has been put up for sale by Sun Life Financial of Canada.

The UK economy has exited its longest recession since records began, with GDP growth of 0.1% in the final quarter of 2009.

In London, markets opened lower this morning as fears grew over the impact of banking regulation.

House prices have nearly quadrupled in real terms over the past half century, with the strongest growth seen in the past decade, says a study published by Halifax last week.

Standard Life has been fined £2.45m by the FSA for serious failures relating to its Pension Sterling fund.

Fund managers in the US have become more optimistic over the state of the US economy and markets, according to Hans Hamre of multi-manager specialist FundQuest.

Interest rates have been held at 0.5% for the eleventh consecutive month today.

Storm clouds are gathering over the euro, with the currency expected to fall from the highs seen in 2009, according to Caxton FX.

DAVID TEPPER, who runs the US hedge fund Appaloosa Management, is in line for a profit share of around $2.5bn (£1.5bn) this year after betting heavily on a recovery in the stocks of banks including Citigroup and Bank of America, says The Times.