Last week, the S&P 500 soared past the 2,000 mark for the first time, surprising those who had expected a reversal of some of the 30% gain seen in 2013.

Former Barings trio Percival Stanion, Andrew Cole and Shaniel Ramjee have joined Pictet Asset Management to lead a push into the multi-asset space.

AXA Investment Managers has hired former J.P. Morgan AM manager Bill Healey and former New Star manager Phil Roantree to boost its fixed income team.

Online wealth manager Nutmeg is aiming to treble its user base in the coming months as it seeks to get up to scale after posting a loss for 2013.

Wrap platform Novia has formed a strategic partnership with Tavistock by teaming up with Cocoon Investments to acquire a £250,000 stake in the business.

Threadneedle's Frederic Jeanmaire is to take over management of the group's Pan European Focus fund as lead manager Dan Ison steps back to become deputy.

Why Talib Sheikh's fund has 1,600 holdings

Long division: The end of the MPC consensus

The FTSE 100 has moved back above the 6,800 mark for the first time this month as investors take heart from another record high for the S&P 500 yesterday.

The Bank of England will hold off on hiking rates for six months if it does not act by November, leaving a "clear run" for investors until the general election, Richard Buxton has predicted.