Domestically-oriented stocks have helped power significant gains for UK markets this morning, as investors responded positively to news of a Conservative election win.

Ed Miliband, Nick Clegg, and Nigel Farage have all resigned after suffering election defeat at the hands of the Conservatives.

TwentyFour Asset Management is launching a UK Mortgages investment trust for Ben Hayward (pictured) and Douglas Charleston in a further expansion of its closed-ended range.

The manager of the £1.9bn Newton UK Income fund is running close to his maximum overseas allocation in an effort to mitigate the risks to the fund from the upcoming UK election.

Mirae Asset Global Investments is expanding its UK hub with the hire of a new sales director and is planning to bring new funds to the UK.

US economic growth saw a sharp slowdown in the first quarter of the year as a strong dollar hit exports, and bad weather hampered consumer spending.

Pensions reforms, underserved areas of the market, and economies of scale are driving more investment managers to broaden the type of wealth management service they offer clients.

Sterling and gilt yields have dropped after an initial UK GDP estimate showed growth slowed more than expected in Q1.

Investec Asset Management reveals three trades it believes can produce a different type of return stream for multi-asset portfolios.

Paul Abberley, chief executive at Charles Stanley, is considering taking a more hands-on role at the business by becoming involved in the management of one of the group's funds.