Royal London's Craig Inches says fears of a dramatic and prolonged spike in gilt yields are unfounded.

Managers believe increased volatility will be a key feature for portfolios this year

JPMorgan says Chinese market volatility is creating attractive entry points for investors.

Invesco Perpetual joint heads of fixed income Paul Read and Paul Causer have handed over five of their portfolios.

Bank of England Governor Mervyn King says failure to act now on banking reforms could lead to a bigger financial crisis.

First State has increased the annual management charge on its £546m Global Emerging Markets fund.

F&C's Multi-Manager team has introduced an active US exposure across the F&C Lifestyle and F&C Multi Manager portfolios.

Rathbone Unit Trust Management suffered a £230m net outflow in 2009, taking its total funds under management down to £940m at 31 December.

Evidence is mounting Chinese sales of US Treasury bonds over recent months are a warning to Washington, rather than a routine portfolio shift.

US stock markets opened sharply lower in early trading following negative consumer and house price data.