The US economy grew at an annual rate of 3.9% in the third quarter of the year, according to the second estimate from the Department of Commerce.

Lyxor Asset Management has restructured its business into three areas in an effort to achieve an ambitious growth objective over the next three years.

Investors are calling for more control over ETF trades executed on fund platforms, many of which are incapable of hosting the vehicles or are currently unable to offer real time trading.

Some wealth managers are unclear and inconsistent in their communication with clients regarding in-house fund ranges, an FCA review has found.

BT shares jumped 3.7% in afternoon trading after the telecoms group revealed it is in talks over a potential £10bn takeover of mobile businesses O2 or EE.

Some 30% of money held in the IMA's two main UK equity sectors is stuck in closet trackers that are losing investors money, according to new research by Premier Asset Management.

As flows into traditional property investments have accelerated this year, fund buyers have been looking outside traditional assets to more esoteric investment options.

‘How we are using alternatives to dampen volatility’

European stocks rebounded on Friday after ECB president Mario Draghi said the central bank is ready to expand its asset purchasing programme if inflation in the eurozone continues to lag.

Standard Life Investments has made two new appointments to its multi-asset global strategy team.