UK

SVM Asset Management has promoted two investment analysts to deputy managers to assist Neil Veitch and Hugh Cuthbert on the management of their flagship funds.

Capita Asset Services is predicting a record year for UK dividends in 2014, despite a lacklustre period for dividend returns last year.

Oil major Royal Dutch Shell has issued a profits warning for Q4, pointing to higher production costs and lower volumes.

Labour leader Ed Miliband will today outline plans to break up the largest UK banks, ending the dominance of the 'big four'.

Shares in Hargreaves Lansdown fell at the open this morning as investors digested news of the group's pricing overhaul which sees them charge clients a platform fee directly for the first time.

Jupiter has reported net fund flows of £458m for Q4 2013, taking its total assets under management to over £30bn for the first time.

AIM

UK equity income

Jupiter is looking at a sale of its private client business after receiving an unsolicited bid for the division, according to reports.

Ashcourt Rowan has completed the acquisition of Generali Portfolio Management (UK), a deal which gives the group an additional £215m in discretionary assets under management.