Fidelity's veteran investor Anthony Bolton said analysts predicting a shock fall in Chinese GDP growth will be proved wrong in the coming months.
John Ions, chief executive of Liontrust, has warned asset managers they face a threat from the growing power of distributors as the RDR approaches.
Walker Crips Investment Management has launched a discretionary portfolio service aimed at advisers in a move to expand its business.
The FSA has told asset managers their own profits must not come as a result of poor treatment of consumers.
Asian and US markets closed lower overnight as the latest economic data emerging from leading economies around the world continued to worry investors.
The former chairman of Olympus has pleaded guilty to charges of falsifying accounts ahead of his trial.
Shares in Bumi, the London-listed coal miner, plunged over 25% today after it revealed an Indonesian miner it part owns is under investigation over potential financial irregularities.
Henderson has launched two low-cost income funds for Bill McQuaker and the multi-asset team.
Legal & General Investments' Frank McGarry is leaving the business, Investment Week understands.
Fidelity is continuing to trim down its range of funds ahead of RDR after announcing it intends to merge its Fidelity Portfolio fund into one of Trevor Gretham's Multi-Asset funds.