Several European ETF issuers will be able to launch ETFs on the S&P 500 index as of 17 May, when Standard and Poor's exclusive arrangement with iShares ends.
Absolute return funds have grabbed investors' attention as increased volatility drives them to look for absolute returns through all market cycles.
The FSA is investigating government-backed Lloyds Banking Group and RBS over poor complaints handling.
Inflation figures released last week by the Office for National Statistics show a higher-than-expected jump, while the Bank of England's Monetary Policy Committee (MPC) has revealed its members are increasingly worried about the rise.