Henderson Group has seen a record jump in underlying profit before tax in the first half of 2013 despite a £2bn outflow from its institutional business.

Fixed income managers have taken advantage of pricing opportunities in the high yield space to move back into the asset class, after outflows hit record levels in June following the Federal Reserve's tapering talk.

Terry Ewing, manager of the Ignis American Growth fund, is moving in to consumer discretionary stocks in anticipation of improvements in the domestic US economy.

The AIM universe opened up to a wider audience this week as rules came in to force allowing these stocks to be included in ISAs. But which ones offer the most exciting opportunities?

Nigel Cuming, CIO of Canaccord Genuity Wealth Management, is considering allocating to European equities and property as equity markets continue to rally.

Aviva Investors is soft-closing its US Equity Income fund in early October, just over two years after inception, and plans to launch a new fund to meet growing investor demand for the strategy.

James Carver, manager of the SWIP Absolute Return Bond fund, is making a call on the Japanese currency strengthening against the euro as money continues flowing into Japan's equity market.

Shares in the Royal Bank of Scotland dropped as much as 6% after the bank reported its half year results and announced its new CEO.

A senior Federal Reserve economist has criticised the European Central Bank for resisting further monetary stimulus.

BlackRock's ETF platform iShares has appointed Tom Fekete from Barclays Wealth as head of product development in Europe, Middle East and Africa (EMEA).