Zurich has launched a range of outcome focused funds for advisers using its retail platform, with Richard Romer-Lee's new consultancy Square Mile proving the underlying investment choices.

Markets across Asia fell sharply overnight, with key indices shedding over 3%, as worries about the health of the Chinese economy and its ability to re-balance continued to hurt equities.

Hargreaves Lansdown received over 600 individual deals on fund prices before it decided which funds would make it onto its new Wealth 150 + list, Investment Week can reveal.

Tumbling commodities prices have hit equity markets this morning, driving the FTSE 100 into the red for a fourth consecutive day.

Bank of England governor Mark Carney has said rates could be as high as 3% over the medium term, endorsing comments made by colleague Charles Bean earlier this week.

Euan Sutherland, group chief executive of the troubled Co-operative Group, has offered to resign from his role less than a year in to the job, saying the company is "ungovernable".

Simon Ellis, the former managing director of L&G Investments' unit trust business, has joined HSBC Global Asset Management.

Peter Mann is to retire from Old Mutual Wealth in the middle of 2014.

Ignis is to shut Graham Ashby's UK Enhanced Income fund and Mark Holden's UK Focus as it moves to streamline its range of products.

The FTSE 100 got off to a positive start on Monday, with shares shrugging off weak data from both China and Japan to move higher.