ETF

The UBS trader who allegedly lost the bank $2.3bn by exceeding his trading limits and faking deals has been labelled a "master fraudster" by prosecutors at court today.

For right or wrong, it is an incontrovertible fact that more and more investors, as well as their advisers, are making the shift to using passive funds as part of their diversified portfolios.

Gold has climbed to its highest level in more than five months as speculation the next round of QE in the US is just weeks away pushed the precious metal higher.

BlackRock's ETF arm iShares plans to hire at least six people for its UK-based business to prepare for RDR next January.

LGIM's HODGES

GOSLING'S GROUSE

CONTRARIAN

George Soros and John Paulson are among the investors buying gold in anticipation of an uptick in price driven by more QE in developed economies this year.

TECHNICAL

Aberdeen's multi-asset specialist Mike Turner has outlined three crucial factors which must be aligned to support a sustained equity market rally.