Ignis's Chris Bowie has said his newly launched Absolute Return Credit fund is positioned to cope with illiquid corporate bond markets and the potential for a price correction.

Ignis' Terry Ewing has revealed the top American brands to watch as he seeks to insulate his £90m American Growth fund from the difficult global macroeconomic environment.

Aviva Investors has sold its SRI funds business to Alliance Trust Investments in a £1m deal.

Schroders saw net inflows of £2.7bn in the volatile first half of the year as it revealed it is on the hunt for new talent.

Markets are hoping for further economic stimulus as the European Central Bank and the Bank of England embark on policy meetings later today.

The New York Stock Exchange cancelled trades in shares which rose as much as 150% yesterday after Knight Capital's electronic trading system malfunctioned.

The UK government is looking at fully nationalising beleaguered bank RBS in an attempt to kick-start lending to British businesses.

Baring Asset Management is expanding its presence in Korea with the acquisition of one of the largest asset managers in the region, SEI Asset Korea.

Liontrust's macro fund managers Stephen Bailey and Jan Luthman have sold out of Nestlé just six weeks after making their initial purchase.

WEALTH MANAGERS