SPDR ETFs, the exchange traded funds (ETF) platform of State Street Global Advisors (SSgA), has listed a range of physically-backed equity and fixed income ETFs on the London Stock Exchange.

Legal & General Investment Management's head of active equities Robert Churchlow believes a surge in M&A activity is set to boost the UK market.

EU leaders have agreed a further €109bn (£96bn) bailout for Greece, one-third of which will come from private sector bondholders.

Castlestone has released a new statement emphasising the FSA's ongoing investigation into the firm does not relate to any criminal activity.

The FSA has today executed search warrants on Castlestone Management's premises in London and Chichester, as a fourth member of staff leaves the group.

Barings' Toby Nangle has joined Threadneedle as head of multi-asset.

George Soros' $25.5.bn Quantum Endowment hedge fund is sitting on 75% cash after the portfolio pulled back from the market following a 6% loss last year, Bloomberg reports.

UK banks were not among the eight institutions to fail the European stress tests on the sector.

Shares in BSkyB have rebounded after a 3% fall this afternoon as Rupert Murdoch bowed to pressure to withdraw his bid for the remaining 61% of the broadcaster.

Ian Vose has taken over the management of the £336m Investec Global Dynamic fund following the departure of Jacob Robbins.