Markets

Nordea's new North American All Cap fund has left competitors in the shadows in the last year, outperforming many rivals in the IMA North America sector thanks to the performance of some key holdings.

Goldman Sachs, Visa and Nike are to join the Dow Jones Industrial Average (DJIA) index later this month in the largest shake-up for almost a decade.

Aviva Investors is to close its UK Special Situations fund after one of its managers, ex-Schroders UK equities head Richard Buxton, joined Old Mutual Global Investors.

Shares in investment manager Ashmore Group have jumped more than 8% after the company released strong full year results this morning.

The future of the UK economy may not be as bright as some have predicted, with the weakest recovery in 'industrial history' limiting annual growth to 1% in the longer term, according to a thinktank.

Asian markets have risen after data released by the Chinese National Bureau of Statistics showed a number of bright spots for the country's economy.

CHINA

ON UK INCOME

ON ASIA

Henderson is to change the investment policy of Matthew Beesley's International fund as well as renaming the vehicle to reflect its more concentrated investment approach.