Albemarle Street Partners has won a mandate to advise IFA group Newell Palmer on the management of its £500m advisory investment service.

The FTSE 100 index was in the red just after midday, dragged down by mining stocks which sold-off as oil and metals prices weakened.

James Calder, research director at City Asset Management, has revealed the top five niche investments he holds in his portfolios.

Bestinvest has awarded a three-star rating to competitor Vanguard's S&P 500 ETF after recommending a switch away from iShares' S&P offering.

Harwood Multi Manager has revealed the ten most and least volatile funds in the IMA Global Sector over the past 12 months, amid renewed investor interest in the sector.

Aberdeen Asset Management is said to be in talks to buy Scottish Widows Investment Partnership (SWIP).

Martha Wang, manager of the £2.2bn Fidelity China Focus fund, is taking a career break, with Fidelity hiring BlackRock's Jing Ning to run its flagship China fund.

Kames Capital has appointed Martin Davis, former chief executive of Cofunds, as CEO of the business.

Tom Walker has handed over management of the Martin Currie North American fund to his co-manager Penny Kyle.

Bestinvest has suspended its rating of the iShares S&P 500 ETF, after the provider announced today it will only cut the fee on the accumulating share class, and not the distribution version.