Xstrata's fourth largest shareholder, Standard Life Investments, said it will vote against the recommended merger between the miner and Glencore because the deal "clearly undervalues" the miner.

Troy Asset Management's Francis Brooke has cautioned against overconfidence on BP's anticipated announcement of a dividend increase when it reports its Q4 results tomorrow morning.

UK stocks fell on Monday morning, pulling back following the strong end to last week, with Greece once again in focus as government talks enter a critical stage.

Equity markets are spiking after US non-farm payrolls data revealed the economy added 243,000 jobs last month - far above consensus expectations.

The FSA has begun a formal enforcement investigation into the rogue trade losses revealed by UBS last September.

Equities are likely to post gains in 2012 whatever the outcome of the sovereign debt crisis in Europe, according to Richard Peirson, manager of the £347m AXA Framlington Managed Balanced fund.

AXA IM has hired Lyxor Asset Management CEO Laurent Seyer as its global head of investment solutions.

Facebook's long-anticipated initial public offering will see it look to raise $5bn in a listing expected to value the company at up to $100bn.

Recent high profile FSA enforcement actions have lent weight to the regulator's vow to police market participants more rigorously.

Majedie Asset Management has closed its Tortoise hedge fund to new investors as assets approach the £350m mark.