Jupiter has appointed Caledonia Investments' Stephen Mitchell to the newly-created role of head of strategy for global equities.

UK All Companies funds saw their first inflows in six months in October, despite market volatility, according to the Investment Management Association.

Barings multi-asset manager Christopher Mahon has warned the chances of a fresh Black Monday-style crash are rising, as policy decisions increasingly drive markets.

Friends Life was the biggest riser in the FTSE 100 index this morning, while Aviva was the largest faller after plans for a merger between the two companies were announced on Friday.

Italian bank Intesa SanPaolo is reportedly considering a bid for wealth manager Coutts International as part of its UK expansion plans.

F&C becomes BMO’s ‘European centrepiece’

‘Better economic performance is the biggest threat to investors’

The insurance sector has come under the spotlight this week after Friday's revelation Aviva was seeking a merger with Friends Life in a deal worth £5.6bn.

Miton Group has reopened its UK Multi-Cap Income to new investors after imposing an initial charge last year.

FOUR Capital is to launch a US Dividend Income fund for new hire Adour Sarkissian this December.