The Treasury has further sold down its stake in Lloyds Banking Group, and has committed to a retail share sale within the next 12 months as the bank's share price continues to recover.

Tilney Bestinvest has strengthened its board with the appointment of former Financial Services Authority chief John Tiner and Betfair CEO Breon Corcoran as non-execs.

Ex- Gartmore manager Nigel Kennett, whose Canlife UK Equity portfolio has one of the industry's largest overweights to BG Group, is considering buying Jupiter to replace the natural gas giant.

Fees charged by discretionary fund managers to platforms are set to face the same downwards pressure being seen elsewhere in the industry, Nucleus business development director Barry Neilson has predicted.

Emerging market stocks can flourish in the face of a tightening cycle from the US Federal Reserve, according to Lazard Global Equity Income manager Pat Ryan.

Franklin Templeton's Grant Bowers has suggested some US biotechnology companies verge on looking like "value stocks" despite the fierce rally enjoyed by the sector over the past half-decade.

EEA Fund Management's parent company has rebranded and created a new subsidiary as it moves away from the name associated with its troubled life settlements fund.

Brewin Dolphin's sale of execution-only platform Stocktrade to Alliance Trust has been tipped to prompt a further turnaround in investors' view of the wealth manager.

Legal & General Investment Management chief executive Mark Zinkula has said some asset managers have been left behind the curve in the face of the numerous pressures being exerted the funds industry.

Managers and analysts have been left struggling to find answers as a number of 2015's crowded trades begin to unwind in increasingly dramatic fashion.