The FSA has published rules funds of alternative investment funds must abide by.
Insynergy Investment Management has teamed up with Reliance Capital Asset Management in Singapore to launch the Ucits-compliant Absolute India equities fund.
The London operations of the Rothschild banking group have hired Mark Kary, former chief executive of Polar Capital.
Rathbone Unit Trust Management Income fund manager Carl Stick has hit out at short-termism.
The FTSE has risen by 0.5%, or 27.8 points to 5342.92 today, buoyed by unexpectedly cheery news for banks.
The FTSE opened marginally higher this morning, rising by 18.7 points, or 0.4%, to 5333.79.
OPM Fund Management has upped the ante in its ongoing battle with Octopus Investments over rights to the acronym OPM.
City of London investment trust has topped its peer group for the longest uninterrupted rise in annual dividends.
Cazenove Capital Management and Russell Investments have each boosted their UK regional teams.
Insynergy Investment Management, chaired by Dragons' Den judge James Caan, is launching a China fund.