UK

Franklin Templeton has completed a rejig of its UK sales team after hiring Mark Dunn from Carmignac.

Legal & General (L&G) has reported a jump in pre-tax profits and cash reserves and is eyeing further 'selective acquisitions' following its purchase of Cofunds last year.

St James's Place is set to make its inaugural entry into the FTSE 100 when the index's quarterly review takes place later today.

Jupiter CEO Edward Bonham Carter has sold one million shares in the company as he prepares to step back from running the business.

UK EQUITIES

Insurer and asset manager Standard Life reported a 13% dip in pre-tax profits for 2013, despite strong inflows.

Standard Life has put contingency plans in place to relocate its operations should Scotland vote for independence.

Activist US hedge fund Elliott Associates has upped its stake in F&C to 11% ahead of the asset manager's planned £708m takeover by Canada's BMO.

Jupiter saw its AUM hit a new record in 2013, driven by strong flows into several key funds.

The UK economy grew at 0.7% in the final quarter of 2013, official figures confirmed today, in line with the preliminary estimate, although 2013's overall growth rate was revised down.