Markets

Wealth manager Brooks Macdonald said today assets under management had risen more than 5% in the last quarter, as a combination of market gains and inflows lifted the total.

China's economic growth accelerated for the first time in three quarters in Q3, as the country opted for an immediate boost to GDP by ramping up factory output.

Natixis Asset Management has launched a global multi-asset fund for managers Michael Aflalo and Pierre Radot.

The US Congress has passed a bill to reopen the government and raise the federal debt limit, with just hours to spare before the nation risked default.

Rathbone Brothers has seen a 15.6% increase in funds under management in the first three quarters of the year, with flows accelerating in Q3.

Polar Capital's UK equity team is being dissolved as manager Philip Hardy leaves the firm, the group said today.

US equity markets have leapt higher in early trading, hauling the FTSE 100 back into the black, on fresh hopes of a resolution to the US fiscal stand-off.

Emerging market equity manager Glen Finegan is to take a year out from his role at First State as of November.

Royal Mail shares have fallen in early trading as investors take stock of their positions following the huge surge in the share price of the group over the last few days.

Rayner Spencer Mills Research (RSMR) has added three new tools to its ratings service, including the ability to rate new funds with less than a year's track record.