Markets

Brewin Dolphin is reviewing the service it offers clients with less than £50k in assets under management.

Anthony Wolfe has joined David Jane's multi-asset boutique Darwin Investment Managers to drive asset growth.

The International Monetary Fund (IMF) has renewed its calls on the UK government to do more to boost the economy, but chancellor George Osborne has received support for his austerity programme from member countries.

Chairman Ben Bernanke tried to reassure markets the Federal Reserve would not step away from supporting a weak economy in his testimony to US Congress yesterday.

Neptune's Felix Wintle has been rotating his portfolio into domestically-focused US equities as he predicts names linked to the consumer will power the economic recovery.

The pound has slid sharply over the last few weeks versus a basket of currencies, while the US dollar has continued its 2013 resurgence, but where are the screaming buys in currency markets now?

EQUITIES

Sterling and gilt yields have jumped this morning after the latest Monetary Policy Committee minutes revealed Mark Carney and all other MPC members voted against more QE in July.

A member of the Monetary Policy Committee told the Treasury today that "all of the discussions" at the Bank of England are about extending the quantitative easing programme rather than slowing it down.

Investors in the failed Arch cru fund range have received a further return of £17.6m of their capital as the directors now at the helm wind down the company.