Jupiter is launching two onshore unit trusts for Philip Gibbs, an international financials fund and a global absolute return vehicle, subject to FSA approval.

Financial and consumer stocks are leading the European rally as corporate earnings continue to show strong signs of recovery, according to Fidelity International research.

Hargreaves Lansdown's resilient yearly results are a testimony to the firm's business model and its constant engagement with clients, Stephen Lansdown believes.

M&G's Richard Woolnough says corporate bonds remain cheap despite the recent rally, with investment grade spreads now at ‘typical' recession levels.

Jupiter has appointed Ben Surtees as manager of its Asian fund, replacing Philip Ehrmann.

Crosby Asset Management (CAM) has terminated its joint venture with Apollo Multi Asset Management.

Redemptions from the New Star fund range slowed significantly in the months following its takeover by Henderson, with the group noting just a £200m net outflow from April to June.

Investec Sterling Bond manager and co-head of fixed income John Stopford believes BBB-rated credit is currently the most attractive area of the bond market in risk/return terms.

Graham Ashby and the former Credit Suisse income team have arrived at LV= Asset Management, assuming control of the group's UK Growth and UK Equity Income funds.

Scottish Widows Investment Partnership has launched its UK Enhanced Equity fund, a vehicle using call options in a bid to provide additional returns over the FTSE 100.