Markets

F&C has confirmed its sales and distribution businesses are to rebrand as BMO Global Asset Management, as the fund house becomes more closely integrated with its parent firm.

Miners and financial are dragging down the FTSE 100 index this morning, with HSBC among the biggest fallers following the news of further cost-cutting at the bank.

Aberdeen Asset Management's head of acquisitions Hugh Little is to retire from the business after almost three decades at the fund house.

Aberdeen Asset Management is to merge away five funds formerly managed by Scottish Widows Investment Partnership (SWIP) as it continues to rationalise its range.

Investment Week publisher Incisive Media is to acquire risk technology business Chartis Research.

Lloyds Banking Group has been hit with a record £117m fine by the Financial Conduct Authority for mishandling of payment protection product complaints.

The International Monetary Fund has urged policymakers in the US to delay hiking interest rates or face a further bout of "financial instability".

Chancellor George Osborne has announced the government is to sell its remaining 30% stake in Royal Mail.

From urbanisation and the rise of a new middle class in emerging markets, to a renewed focus on corporate governance, managers explain which global structural changes are having the greatest impact on their portfolios.

Scott McKenzie, investment director and manager of the Saracen UK Income fund, says the largest dividend payers in the UK market currently offer limited potential for growth, particularly as the strong dollar is masking inherent weaknesses in many business...