Fund buyers weigh up replacements for Dean’s distinctive business cycle approach

Fidelity Worldwide Investment has overhauled the remit of Peter Khan and Ian Spreadbury's Global High Yield fund in order to diversify away from the US and increase exposure to emerging markets.

The discount on Julie Dean's Schroder UK Growth investment trust has jumped sharply in the last few days following the announcement of her exit from the group.

Outsourcing company Quindell has won a court battle against a short-seller which caused its share price to dive 40% earlier this year.

Sterling sold off further overnight, exacerbating Monday's losses, as nervous investors ditched the pound and UK shares on fears Scotland may vote to break apart next week.

The Financial Services Compensation Scheme (FSCS) has launched a new consumer awareness campaign, starring five celebrities, which it hopes will increase awareness of the scheme to 70% of savers.

Charles Stanley has warned its next round of results will miss market expectations as the business continues to feel the squeeze on its commission income, while in a separate move it said it had sold Henry Dixon's Matterley fund to Miton Group.

Sterling tumbled in overnight trading and was poised for further losses today after the latest poll showed Scotland is on course for independence.

Quilter Cheviot, the UK's second-biggest independent wealth management group, has rejected a £600m bid from Old Mutual, according to a report.

Skandia has reversed its unpopular decision to close mirror versions of the Invesco Income funds after an outcry from advisers.