UK

Former Gartmore multi-manager duo Ari Towli and Nick Roberts have joined John Husselbee's multi-asset boutique North Investment Partners.

The Bank of England is expected to hold interest rates at a record two-year low of 0.5% in today's interest decision as slowing global growth overshadows inflation fears.

Fears the UK government may undershoot its target to cut the budget deficit could threaten the country's credit rating, Moody's has warned.

Barclays Wealth has added two long-short funds into the intermediary market, linked to the performance of the FTSE 100.

Portugal has moved a step closer to implementing a €78bn bailout programme after the country's Social Democrats (PSD) won a conclusive victory in the general election yesterday.

John McFarlane, former chief executive of the Australia and New Zealand Banking Group (ANZ), is to become the new chairman of Aviva.

Old Mutual Asset Managers' Richard Watts is set to invest 10% in secondary listings and AIM stocks to take advantage of the area's strong growth prospects.

As someone who has managed both global and UK equity income funds in the past, I am often asked what are the advantages and disadvantages of managing these respective portfolios.

Alex Wright is manager of the £7m Fidelity UK Opportunities fund. The top-performing fund has returned 83.5% to investors over the last three years, ahead of the UK Smaller Companies sector average of 25.4%.

F&C manager introduces put and call options with greater mega-cap emphasis to enhance yield and bring fund's performance back to top quartile.