Equities

Nordea Asset Management has added two bond funds and two specialist equity funds to its product range, including a portfolio focusing specifically on Nordic credit markets.

SMART

Former Gartmore manager Guillaume Rambourg has launched his first long-only European equity fund for new venture Verrazzano Capital.

Shares in insurer RSA fell by as much as a fifth this morning after its chief executive quit amid a burgeoning crisis within its Irish division.

The UK could be the first developed country to raise interest rates, with a hike coming as soon as next year, according to Fidelity fixed income head Andrew Wells.

The government's stake in part-nationalised lender Lloyds Banking Group is to be offered to the public, the government said today.

As Britain has laboured to escape recession, we have heard a common complaint from critics of industrial and economic policy: "Where are Britain's ‘Mittelstand' companies?"

The Retail Distribution Review (RDR) has "intensified the competitive environment", according to wealth manager Brewin Dolphin, as it announces profit before tax for the year to September was 4% down on the previous year.

Jupiter's Robert Mumby, manager of the Jupiter International Financials fund, has identified five top stocks from around the world he expects to excel.

Majedie's UK Income fund is close to the upper limit it is allowed in overseas stocks, as manager Chris Reid looks for opportunities in international dividend payers.