London's leading share index edged closer to the 6,000 barrier today, as financials put the FTSE 100 on track for its sixth straight session of gains.

Aberdeen's global equity fund specialist Bruce Stout, manager of the £1bn Murray International trust, has warned investors should be preparing for a decade of no growth in developed economies.

Activist investor Laxey Partners has reignited its long-running feud with Alliance Trust, urging it to hand over the management of its assets to a third party.

Fidelity FundsNetwork has become the first of the fund supermarkets to confirm it will offer investment trusts ahead of RDR.

Bank of England governor Mervyn King has launched a stinging attack on British banks, stating the industry has failed to heed "very real and wholly understandable" public animosity towards them.

The Bank of England will keep interest rates at record lows for another three years, according to Capital Economics.

Legal & General Investment Management's strategic bond manager Richard Hodges is sticking by his gilt exposure even though he sees 'little value' in the asset class.

Standard Life Investments' top performing small cap manager Harry Nimmo has labelled the recent rally in the small cap index as a 'dash for trash' after seeing his fund slip down the rankings.

Skandia Investment Group (SIG) has overhauled the management of its offshore $363m Skandia Greater China Equity fund, handing the mandate from First State to institutional asset manager MIR Investment Management.

The board of the £40m British Portfolio trust has stripped RCM of its role as manager of the trust, following a period of poor performance.