Invesco Perpetual's Neil Woodford believes dividends of the stocks in his portfolios could grow by up to 10% this year.

Aberdeen has acquired £13.5bn of long-only multi-manager and fund of hedge fund assets from RBS Asset Management for £84.7m.

Denver-based asset manager Janus Capital Group has hired Richard Weil from rival Pimco as its chief executive officer.

New Star's £741m UK Property fund has made its first purchase in over two years, a £10.5m retail unit in Chichester.

Miners are pulling down London's main index in early trading, offsetting strong demand for supermarket groups.

Former Invesco Perpetual CEO Mike Webb will take over as chief executive of Rathbone Unit Trust Management, replacing Peter Pearson Lund.

Polar Capital Holdings has boosted its UK sales team with an appointment of John Regnier-Wilson from Martin Currie.

Early gains among financials offset disappointing Marks and Spencer results to see the FTSE marginally down 0.22% to 5,510.22 in early trading.

Sotiris Boutsis has assumed control of Fidelity's offshore Global Financial Services fund, replacing Tal Eloya.

Warren Buffett has weighed into Kraft's hostile takeover bid for Cadbury, warning the US giant not to use too much of its stock to finance the proposed £10.4bn deal.