The Bank of England has today warned UK banks they must consider raising more capital in the next few months to cope with the "exceptionally threatening" environment.

Investec has launched a multi-asset fund for Philip Saunders and John Stopford which aims to provide a one-stop-shop solution for investors wanting emerging markets exposure.

The government has confirmed the credit crunch which plagued markets in 2008 has returned.

Schroders is launching an onshore US Equity Alpha fund for head of US large cap equities Joanna Shatney on 14 December.

Adrian Bignell's decision to avoid financials and overweight small- and mid-cap stocks helped him beat his European sector peers over the last three years.

Leading fund managers believe gilts now look like the next safe haven bond market to come under threat ahead of DMO sale this week.

Yields on Australian bonds have hit a record low after a wave of investors sold out of German bunds and other debt and flocked to what is seen as one of the few remaining safe havens.

Hungary has lost its investment grade credit rating from Moody's after the country went cap in hand to the International Monetary Fund (IMF).

The UK economy grew by 0.5% in the third quarter, the Office for National Statistics confirmed today in its second official estimate.

The yield on German bunds has risen above UK gilts for the first time since 2009 after Japan shifted out of bunds overnight following Germany's disastrous debt auction.