UK

Chancellor George Osborne said UK inflation will come down significantly by the end of the year.

A look back over the best and worst performing asset classes over the last ten years offers few clear answers as to where the canny investor should have put their money.

CPI annual inflation fell to 3.4% in February, down from 3.6% in January, according to the Office for National Statistics.

The Office for Budget Responsibility will revise up its growth forecasts for the UK economy in Wednesday's Budget, the FT reports.

Schroders' Kevin Murphy and Nick Kirrage have moved their £1.1bn Income fund close to its maximum allowed overseas weighting to escape the "extreme" concentration seen in the UK market.

Jerry Devlin, former head of sales at Barings and liquidated firm Castlestone, has joined Macquarie.

Hector Sants has announced he is to quit as the head of the FSA in the summer.

Skandia Investment Group (SIG) has removed J.P. Morgan from its $350m Skandia Global Equity fund, handing the mandate to Five Oceans Asset Management.

The UK will lose its AAA credit rating by December, MAM Funds' Simon Callow has said, after Fitch became the second ratings agency to place the economy on negative watch.

MAM Funds is introducing a non-trail commission share class across its fund range ahead of the Retail Distribution Review.