Investors in the failed Arch cru funds have called for SPL Private Finance to drop its lawsuit against Arch Financial Products and its chief executive Robin Farrell, saying it would "only damage what remains of their investments if unsuccessful".

Former Gartmore manager Guillaume Rambourg has launched his first long-only European equity fund for new venture Verrazzano Capital.

Shares in insurer RSA fell by as much as a fifth this morning after its chief executive quit amid a burgeoning crisis within its Irish division.

Brian O'Neill, one of the country's longest-serving managers, is to retire from his role running the Henderson Global investment trust next year.

Fidelity Worldwide Investment has secured best price fund deals from the vast majority of its major fund partners after groups agreed to sign up to its recently-unveiled Access programme.

The trial of Arch Financial Products and its chief executive Robin Farrell has been postponed until next month.

The UK could be the first developed country to raise interest rates, with a hike coming as soon as next year, according to Fidelity fixed income head Andrew Wells.

Japanese equity markets have soared in the last year, outpacing gains seen across other stock exchanges after a huge QE programme introduced by returning Prime Minister Shinzo Abe, but can the market keep climbing from here?

Bob Diamond, the former boss of Barclays who left in disgrace last year after the bank admitted its role in rigging Libor rates, is reportedly close to making a comeback with a new bank venture.

Jupiter Asset Management's chief executive Edward Bonham Carter is to hand over his role to Maarten Slendebroek in March next year.