Rathbone Brothers has seen a 10% rise in funds under management during Q3 after completing its acquisition of Jupiter Asset Management's private client and charity investment arms.

The UK's pharmaceutical sector dragged the FTSE deep into the red this morning after US giant AbbVie said it is reconsidering the planned takeover of Shire, casting doubts over elevated share prices.

The Bank of International Settlements (BIS) has warned of a potentially 'violent' market crash as financial markets are dangerously stretched.

Fund buyers seeking to move up the market-cap spectrum after a difficult year for smaller stocks say they are struggling to find funds that are overweight UK large caps.

Where now for bonds?

Sharp falls in Hong Kong-listed shares mean investors are now increasing their exposure to China via this route, even as the onshore market opens up further to foreign investment.

The managers of the Ruffer investment company are backing the US dollar to excel once again as an asset that can offset equity risk as global uncertainty continues.

Japanese equity funds have seen the largest even outflows in US dollar terms as investors rushed for safe-haven cash, latest data from Bank of America Merrill Lynch reveals.

Old Mutual Wealth is removing the annual pension drawdown fee and scrapping the current minimum charge on its platform in order to simplify its charging structure.

Kames Capital has expanded its absolute return range with the launch of two new mandates for David Griffiths and David Pringle.