Wealth management firm St James's Place is reviewing two mandates managed by Neil Woodford after his shock departure announcement yesterday.
Fitch has become the first ratings agency to threaten a US credit ratings downgrade over the latest debt ceiling impasse.
News that the UK's best known fund manager Neil Woodford is leaving Invesco Perpetual after 25 years has caused leading fund brokers to suspend their ratings of his portfolios.
Shares in the Edinburgh investment trust were selling off this afternoon after the shock news Neil Woodford will be leaving Invesco Perpetual in April.
UK consumer prices index (CPI) inflation remained stable in September at 2.7%.
Rob Gambi has been appointed chief investment officer of Henderson, starting in 2014.
Hargreaves Lansdown reported a record £3bn increase in assets under administration in the three months to the end of September, but warned of headwinds to its revenues in the short-term.
Shares in Royal Mail jumped 2.5% to 487p as it officially floated today, following a flurry of trading activity in the stock prior to its listing.