The National Employment Savings Trust has appointed State Street Global Advisors, UBS Global Asset Management, and BlackRock to run five mandates for its default fund.
River & Mercantile has decided to close its £3m UK Equity vehicle to retail investors due to a lack of demand.
Sherborne Investors has won its fight to oust members of F&C's board, receiving a majority vote at a general meeting held today.
The Bank of England may have to put up interest rates if the commodity price boom continues, deputy governor Charles Bean warns.
Sterling has surged to a three-month high against the dollar following buoyant growth figures for the construction industry.
A leading economic think-tank today urged George Osborne to delay the dramatic public sector cuts which underpin his economic policies, and to u-turn on them completely if the economy falters again.
The Bank of England topped up Governor Mervyn King's pension pot by £1.4m after deciding to award him an early payout in 2008.
Fidelity International is bringing a small-cap-focused UK Opportunities fund to the retail market on 10 February.