The US Republican party is reportedly to look at restoring the link between the dollar and gold as part of its platform for the 2012 elections.

Aviva has said up to 800 jobs at its UK business are under threat as it continues to drive through cost-cutting measures.

Legg Mason has added its $1bn Brandywine Global Fixed Income fund and 16 other offshore offerings to the IMA's fund sectors for the first time.

Jupiter's Merlin multi-manager team, headed by CIO John Chatfeild-Roberts, have initiated a holding in Terry Smith's Fundsmith Equity fund as they increase their exposure to 'global titan' corporates.

The FSA is proposing to ban the promotion of certain structured products as part of its wider effort to prevent the sale of unregulated collective investment schemes (UCIS) to retail investors.

Murray International trust has reported a rise in interim profit and returns but chairman Kevin Carter said securing positive financial returns may prove "difficult" in the near term.

US Federal authorities are reportedly investigating RBS over possible dealings with Iran, the latest case of a UK bank coming under scrutiny from US regulators.

The S&P 500 is at a four-year high and the Dow looks set to follow as US equity investors continue to make gains.

Francis Brooke, manager of the Troy Income & Growth trust and £780m Troy Trojan Income fund, said his trust is positioning for further mergers following its takeover of two rivals.

Threadneedle vice chairman Sarah Arkle has stepped down from the role and is set to take up a non-executive director position at Henderson.