The White House has revised down US economic growth forecast for 2011 to 1.7% but said the US will avoid slipping back into recession.

Aegon's asset management capabilities in the UK has officially been re-branded as Kames Capital today.

Argonaut Capital Partners has appointed Edward James as chief operating officer as the boutique becomes more independent from Ignis.

Charles Evans, a leading Federal Reserve policymaker, has called on Ben Bernanke to issue further monetary stimulus as inflation higher than the 2% target would not be a "catastrophe".

Barings' Agnes Deng is increasing exposure to Chinese banks within the £2.5bn Hong Kong China fund as valuations fall to levels last seen during the banking crisis.

Argonaut Capital's Barry Norris is taking positions in Swiss property and increasing exposure to gold miners within his funds, claiming more QE is almost inevitable.

The FTSE 100 is expected to extend gains made in the past few days after Asian and American markets climbed overnight on positive US economic data.

Apple's Steve Jobs has resigned as chief executive of the technology giant, announcing he could no longer continue in the position following his battle with cancer.

Innes McKeand has left his post as head of equities at Aegon Asset Management to move to Australia.

Walker Crips managers Steve Bailey and Jan Luthman have cut exposure to gold ETFs by 20% deeming it a ‘crowded trade'.