UK

The £3m Martin Currie Global Energy fund is set to wind down at the end of February after prolonged uderperformance.

Cofunds has extended its lead as the UK's largest platform, with assets rising to £45bn, according to the Platforum's latest pricing guide.

Polar Capital has reported a jump in assets under management in its latest group update.

The Serious Fraud Office (SFO) spent £1.3m on its ill-fated investigation into the collapse of Kaupthing Bank, a Freedom of Information (FoI) request has revealed.

The Bank of England's Monetary Policy Committee (MPC) has once again kept interest rates unchanged and quantitative easing on hold in a widely expected decision.

Brooks Macdonald Funds has launched two new products, the Global Equity Income fund and the Defensive Capital and Income fund.

Querns' Stephen Whittaker is backing consumer and financial stocks to outperform in 2013, following an overhaul of his income portfolio last year and the departure of co-manager Phil Roantree.

Global insurer Zurich has named David White as head of retail, UK life, with effect from 21 January.

Equities were the best-selling asset class for the third month running in November, according to the latest IMA sales figures.

L&G Investments' managing director of investments Simon Ellis has left the firm.