M&G's Mike Riddell has warned the European Central Bank's latest grand plan to buy government bonds will not prevent a wave of selling if countries' economies continue to deteriorate.

SVM's Donald Robertson has resigned from the group he co-founded back in 1990.

The euro held on to gains made earlier this week overnight ahead of a crucial day for the eurozone, with the ECB poised to act to curb soaring borrowing costs for periphery nations.

Fidelity's Sanjeev Shah has revealed a series of short positions in miners, coupled with a spate of M&A activity and a play on the banks, have lifted his fund into the top quartile in the last year.

UK shares were once again lower this morning, extending yesterday's sharp losses as falls in Asia overnight impacted confidence.

Henderson Global Investors has promoted long-serving bond fund manager Jenna Barnard to deputy head of retail fixed income as part of a series of changes to the team.

Shares in Royal Bank of Scotland led the FTSE 100 lower in early trading after MPs criticised the bank over its IT failure in June.

Investors are preparing for a sell-off in equities if policy action in the US and Europe fails to be aggressive enough.

Gold miners and their peers helped push the UK's leading index higher today, enjoying gains as precious metal prices rose.

Ken Edwards, the well-known IFA sales head who retired from Baillie Gifford in 2011, has joined Enterprise Investment Scheme (EIS) provider Calculus Capital.