Franklin Templeton Investments has been given the all-clear from the FSA to rebrand Rensburg Fund Management.

PIMCO's Bill Gross, manager of the world's largest bond fund, has called on George Osborne to revise his austerity measures to stop the UK falling into recession.

UK managers including Lindsell Train founder Nick Train have labelled Hargreaves Lansdown a "definite buy" with enormous growth potential, after the group beat analysts' expectations last week.

J.P. Morgan Asset Management has launched an inflation-linked bond fund investing in European debt, as the group looks to profit from the volatile market conditions across the continent.

The heavy market sell-off over the past month has pushed preiums in the closed-ended UK income sector to near all-time highs as investors hunt for income, according to analysts.

Eden launches UK Select Opportunities fund for former Gartmore head of UK equities

Broker Numis Securities has upgraded Hargreaves Lansdown from 'hold' to 'add' after the group reported a significant hike in profits in its annual results this morning.

Eden Financial's Leigh Himsworth has ruled out the prospect of buying into any of the UK's five banks after launching his £10m UK Select Opportunities fund.

Cazenove's CIO Richard Jeffrey has criticised policymakers who expected the global economy to bounce back to pre-crisis levels after 2009, branding such expectations a 'fallacy.'

Prudential is set to merge its Income trust into the M&G Dividend fund as part of a wider range of fund consolidations, creating a £1bn portfolio.