Equities

CHINA

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Veteran investor Jim Rogers said moves by Chinese policymakers to stimulate the country's slowing economy are "a mistake".

The spot price of gold climbed by over 1% to $1,655 an ounce as the Federal Reserve said it is likely to ease monetary policy soon unless there is a sharp change in economic data.

The FSA is proposing to ban the promotion of certain structured products as part of its wider effort to prevent the sale of unregulated collective investment schemes (UCIS) to retail investors.

Aberdeen Asset Management will launch a global small-cap equities fund for Stephen Docherty in late September.

Asian stock markets echoed Wall Street's overnight slump as investors fretted over declining Japanese export figures.

Henderson's director of pan European equities, Tim Stevenson, discusses the rally in European markets over the past six weeks and the ECB's rumoured plan to backstop the euro by capping Spanish and Italian bond yields.

Guy Foster, head of portfolio strategy at Brewin Dolphin, discusses the progression of the eurozone crisis in light of the latest policy shift.

James Harries has handed over lead management of the offshore £2.8bn BNY Mellon Global Equity Higher Income fund to Nick Clay in a reshuffle of the firm's income team.