A sharp pull-back in the value of the dollar versus a basket of other currencies late last week has failed to dent support for the greenback, and managers expect to see gains as the US continues to recover.

Graham Dow (pictured), Standard Life's head of investment group relationships who has been spearheading negotiations with fund groups over 'super clean' share classes, looks at the possible outcomes of the discounted deal debate.

The row between M&G and AIM-listed oil group Gulf Keystone Petroleum (GKP) worsened over the weekend after the energy company sent a highly critical note to shareholders.

Asian stock markets finished Monday's session firmer as the latest growth figures from China matched forecasts.

The rally across much of Europe has passed Spain by so far this year, with the country's chief index lower than at the start of 2013.

Investors backing the US dollar were caught out last night after Ben Bernanke, chairman of the Federal Reserve, said stimulus measures are likely to remain in place in the US for some time.

The head of the Financial Conduct Authority (FCA) has revealed details of its thematic review into the £902bn unit-linked funds sector - and said it is also looking into the annuity market.

The Financial Services Authority handed out fines totalling more than £400m in the last year before it was overhauled, a huge jump from previous years amid mammoth fines for banks over LIBOR failings.

Regulatory reform costs of the former regulator, the Financial Services Authority (FSA) more than doubled in the last year of its operation and could in future be levied on firms, the FSA annual report has revealed today.

Financial Conduct Authority chief executive Martin Wheatley received a remuneration package of £650,000 last year, it has been revealed.