Greece sold more debt than expected today as investors snapped up the issuance of short-term government bonds.

Macquarie Funds Group has received approval to distribute three emerging markets funds to UK investors.

Threadneedle has launched a new corporate bond fund focused on emerging market issuers.

Schroders plans to launch an Asian version of its top-performing Income Maximiser fund.

Prudential is closing its money market Maximum Income Trust next month after large investors planned to redeem their holdings.

Skandia has launched its European Best Ideas fund into the UK market.

Henderson Group has confirmed it is in talks to acquire certain businesses of US group RidgeWorth Capital Management.

Two Bank of England directors have been earmarked to take control of transferring banking supervision from the Financial Services Authority to the central bank if the Tories win the election.

Threadneedle plans to move its Credit Opportunities fund into the IMA Absolute Return sector to more accurately reflect its investment objective.

M&G's £233.3m High Interest fund has powered ahead of Money Market sector peers over the past year after retaining exposure to floating rate notes hit hard during the financial crisis.