The board of the Invista Foundation Property Trust has confirmed that Schroders is to take over the management of the company.

Long-dated US treasuries have returned more than the S&P 500 over a 30 year period for the first time since the 19th century.

Threadneedle has hired Martin Currie global equities manager Neil Robson to run its Global Focus SICAV.

The 50% haircut on Greek debt agreed at the EU summit last week has called into question the future of credit default swaps (CDS)as a hedging tool for bondholders.

As the precious metal lost 15% of its value, Philip Gibbs jettisons almost all gold holdings from the Jupiter Absolute Return fund through ETF sale.

The FTSE 100 has dipped back below 5,700 but remains on course to post its largest monthly gain since 1990.

Thames River is to close its Absolute Return fund, managed by Ken Kinsey-Quick and James Rous, because of a lack of interest.

GlaxoSmithKline and British American Tobacco, two of Neil Woodford's largest holdings, have reported rising revenues in the third quarter.

Ian Henderson is to step down as manager of the £2bn JPM Natural Resources fund in January 2012, to be replaced by Neil Gregson.

Confusion over the extent of measures due to be announced at the EU summit today have sparked fresh concerns over policymakers' ability to resolve the sovereign debt crisis.