Markets

ON ASIA

Saxo Bank has published a list of ten 'outrageous predictions' which could play out in 2014 and impact global investment markets.

The UK's headline inflation rate has fallen to its lowest level in four years after edging down to 2.1% in November.

Since the news Neil Woodford is leaving Invesco Perpetual next year, investors have been prompted to review their asset allocation in the equity income space.

Aggreko's share price shot up more than 8% yesterday, after the firm won contracts to supply power at next year's World Cup in Brazil and Commonwealth Games in Glasgow.

Marlborough Fund Managers is to merge away Geoff Hitchin (pictured) and Nicholas Cooling's UK Income & Growth trust in January.

Old Mutual Global Investors is to launch an offshore mirror version of Richard Buxton's £1bn Old Mutual UK Alpha Fund.

AFRICA

INVESTMENT TRUSTS

Shares in insurer RSA fell by as much as a fifth this morning after its chief executive quit amid a burgeoning crisis within its Irish division.