Greece's bailout package has "failed" and the country will not seek an extension when the deal expires at the end of February, according to new prime minister Alex Tsipras.

BlackRock pipped Woodford Investment Management to be the top-selling fund group of 2014, in large part due to the popularity of its index funds, according to the latest Pridham Report.

TwentyFour Asset Management has hired former Jupiter sales manager Bryan Bushnell for its growing team.

Schroders' Alex Howe has joined F&C as sales director on its UK wholesale team.

'We have to do things that will get us noticed'

How asset managers are meeting the pensions challenge

Towry is to acquire Ashcourt Rowan in a £97m deal which will see the latter's CEO Jonathan Polin exit the firm.

The yield on a 10-year UK government bond fell to a new record low below 1.4% on Thursday after comments the Bank of England is in 'no rush' to raise interest rates.

Charles Stanley saw revenues fall in Q4 as the company moves from a commission to a fee-based model.

Mark Slater has sold out of utility company Centrica and bookmaker William Hill in his Income fund, ahead of May's general election.