The president of the European Central Bank (ECB) has said the currency crisis in Ukraine could have serious and long-lasting implications for the European energy market.
Shares in Centrica have fallen 3% in early trading after UK energy secretary Ed Davey urged regulators to look at industry profit margins.
Carmignac Gestion has appointed Lombard Odier manager Michael Hulme to run its commodities fund as David Field takes time out from the industry.
Biotech, digital communications and clean energy have been the three best performing themes in Pictet's Global Megatrends Selection fund this year.
The FTSE 100 has surged in afternoon trading - rising over 100 points - as hopes mount US politicians will agree a deal on the country's sprawling budget deficit.
Former Investec energy specialist Mark Lacey is to join Schroders.