Record revenues for the last quarter have helped make Hargreaves Lansdown the biggest riser in the FTSE 100 in early trading, but the wider market has slipped back.

The FSA should go further in its DFM transparency drive and oblige discretionaries to publish total expense ratios for their portfolios, according to David Tiller, director of strategy & business development at Standard Life Wealth.

Opposition from politicians and investors including Invesco Perpetual has led defence giants BAE and EADS to scrap their proposed merger.

Shares across Europe are trading lower after Japan led Asian indices lower overnight, with the FTSE 100 on course for its third consecutive day of losses.

Investec emerging market debt head highlights growth and stability as Nigeria joins J.P. Morgan index.

The latest round of QE from the US Federal Reserve may not be enough to prevent the global economy from experiencing a deflationary episode, according to Sebastian Lyon, manager of the £2.2bn Troy Trojan fund.

M&G Investments is to change the name of Ben Lord's £339m M&G High Interest fund next month to reflect its new investment approach.

The US unemployment rate has fallen below 8% for the first time since January 2009, raising hopes over the strength of the US recovery and giving global equities a boost.

India's National Stock Exchange has said 59 "erroneous orders" were responsible for a plunge in Indian equities that saw the S&P ‘Nifty' index shed 15% earlier today.

The Bank of England has held interest rates at 0.5% for the 43rd consecutive month and kept its bond purchase target at £375bn.