Canada

Standard Life shareholders are set for a £1.75bn payout after the firm announced the sale of its Canadian business to a subsidiary of Manulife.

Liontrust's James Inglis-Jones and his team have revamped their European Absolute Return fund and have begun to convert their UK Income fund to a global mandate.

EMD

Investec's Alastair Mundy - the well known contrarian investor - has won an army of fans thanks to his specialist approach to investing. Here he reveals ten mistakes many investors make when picking companies to back.

Commodities

Credit ratings agency Moody's downgraded six Canadian banks last night over fears the lenders had become more vulnerable to downside risks and rising house prices.

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