Franklin Templeton is to overhaul its European equity OEIC and rebrand Ben Russon's UK Select Growth fund to create a new range of multi-cap portfolios, Investment Week can reveal.

Barclays shares have dropped by more than 7% after it announced a £5.8bn rights issue to shore up its capital position.

Concerns over an expected capital raising at Barclays have pushed the stock down over 3% in the opening hours of this week's FTSE 100 trading.

Liontrust's James Inglis-Jones and his team have revamped their European Absolute Return fund and have begun to convert their UK Income fund to a global mandate.

Elena Shaftan, manager of the Jupiter Emerging European Opportunities fund, reports on her findings from a recent research trip to Russia.

The death of blockbuster pharmaceutical companies has been greatly exaggerated by a market that is too focused on '0-60' stocks, according to Liontrust's Julian Fosh.

The Investment Management Association (IMA) has removed a further two funds from its UK Equity Income sector for undershooting minimum yield requirements over the past three years.

Pockets of value in the corporate bond market have opened up even as markets begin to adjust to the prospect of tighter monetary policy, according to Threadneedle CIO Mark Burgess.

The FTSE 100 has ended three straight days of losses to move 0.9% higher, returning to levels last seen at the end of May.

Disappointing Chinese manufacturing data has sent Asian equities into reverse and raised further questions over extent of the country's economic slowdown.