Three M&G funds including Tom Dobell's giant Recovery fund have been added to Bestinvest's 'dog list', making up more than half of all assets listed.

The £6.4bn Artemis Income fund has been downgraded to a 'sell' in the latest Sanlam Private Investments (SPI) Income study, the widely followed guide to income funds.

Close Brothers saw its assets under management creep higher in the five months to 31 December 2013, while broker arm Winterflood saw performance improve.

Premier is to merge its £41m UK Mid-250 fund into the £82m Premier UK Growth fund as it moves to streamline its fund range further.

Wealth managers are positioning clients' portfolios cautiously this quarter amid expectations of a setback for equity markets, despite growing appetite for risk among investors.

Last year was brutal for many fixed income investors as talk of tapering in the US and the great rotation to equities pushed up core bond yields. But which portfolios protected investors regardless - and could do so again this year?

Thames River chief executive Toby Hampden-Acton has become the latest senior figure to leave F&C.

City Asset Management has expanded its investment management team with two new hires.

The FTSE 100 was down as much as 0.5% this morning, mimicking losses seen globally, as investors reacted to poor economic data.

Carolyn Bell has joined Kames Capital's international equities team as the group bolsters its US equity capabilities.