Ashcourt Rowan chief executive Jonathan Polin has bought a further 31,645 shares in the company following the group's interim results yesterday.

Schroders is to change the name of its £74m Medical Discovery fund as it brings the fund in line with competitors.

Poor interim results from Vodafone have pushed the FTSE 100 down 0.9% to a two-month low in morning trading.

Brewin Dolphin has appointed COO Henry Algeo as group managing director, a role that will see him heading up the group's investment management offering.

J.P. Morgan Asset Management has unveiled a fund of funds range and a set of discretionary portfolios as part of its adviser solutions offering launching next year.

The Bank of England is to hand the Treasury the interest it receives on its QE asset purchases, a move that reduces pressure on Chancellor George Osborne ahead of the Autumn Statement.

The FSA has written to fund group chief executives outlining concerns over conflicts of interest policies and may take enforcement action after a review of industry practices.

Threadneedle topped the UK net retail sales chart in Q3 2012 as investors - including John Chatfeild-Roberts' Jupiter Merlin multi-manager team - moved back into Europe, according to the latest Pridham Report.

Skerritts Wealth Management has agreed a deal to acquire the assets of the client bank of Sussex-based IFA firm Finch's Financial.

The Bank of England has kept interest rates on hold for the 44th consecutive month and refrained from launching a fresh round of quantitative easing after recent data showed the UK exited recession in the third quarter.