Markets

Demand for Standard Life Investments' popular MyFolio range has helped the business grow assets under management to almost £80bn, the company said today.

Mining stocks and oil giant BP provided a lift for London's FTSE 100 today as a huge storm hit the eastern United States, keeping Wall Street closed for a second day.

The IMA's latest sales figures show investors are returning to risk assets, as net retail sales of equities outstripped fixed income funds for the first time in a year.

Hargreaves Lansdown's widely followed Wealth 150 list of recommended funds has fallen by almost a third amid a lack of decent active funds and some soft-closures.

BP has raised its dividend by 12.5% to 9c a share, but reported a fall in profits in the third quarter.

Hargreaves Lansdown is topping the list of fallers on the FTSE 100 today after analysts at Citi marked the stock as a 'sell' over RDR fears.

The deadline for Arch cru investors to accept payments from a £54m scheme set up by Capita and the funds' depositories has been delayed by 12 months until 31 December 2013.

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