The price of gold has fallen through $1,600 for the first time in six months as investors continue to pile into risk assets such as equities.

The UK's blue chip index has climbed to a five-year high above 6,400, surpassing the peak of 6,376 seen before the financial crisis.

The FTSE 100 moved back towards five year highs during trading today as the positive sentiment that has prevailed since the start of the year continues.

Fidelity Worldwide Investment has raised the AMC on two of its multi-asset funds as part of the rebrand and restructure of its multi-manager range.

Fidelity Worldwide Investment has expanded its multi-asset range with the launch of a trio of new strategies for its multi-manager team.

Prime Minister David Cameron has called on Royal Bank of Scotland to speed its return to the private sector amid speculation the government may give away its stake to the public.

The Investment Management Association (IMA) has called on the FSA to increase the amounts insurers and banks contribute to the FSCS after warning fund managers faced cross-subsidies which were three times higher than the other institutions.

Investors in some of the UK's worst funds have been urged to dump ten serial underperformers from their portfolios in a study by Chelsea Financial Services.

UK stockpicker tips another strong year for equities, fuelled by investors' changing asset allocation strategies.

As China enters the Year of the Snake - associated with wisdom, as well as luck with finances - wealth managers reveal their top fund choices in a region which can move quickly against investors.