Afternoon Markets: FTSE heralds record breaking quarter

The FTSE 100 has experienced its best ever quarter, posting the biggest three-month gains in its 25-year history.

Despite falling today, the FTSE 100 ended the quarter up 20.8% since 30 June, its best every quarterly performance since the index was created. Previously, the final quarter of 1999 had held the record, when the index rose almost 15% on the back of the dot.com boom. The main London index closed down 25.82 points 0.5% to 5,133.9. Man Group shares were the biggest gainer, with shares up 7.7% to 331.9p after reporting an influx in funds under management. Meanwhile, insurers Legal & General, up more than 4%, RSA, and Aviva, both up more than 3%, benefited from speculation over which...