FTSE 100

When Mike Pinggera joined Four Capital Partners, the group gave him an opportunity to create his own fund from scratch.

The FTSE 100 and other indices across the world were in the doldrums today as the latest round of positive economic data sparked fears of a sooner than expected end to stimulus programmes.

FUND MANAGER FOCUS

CONTRARIAN INVESTOR

Shares in BSkyB have shed 10% in early trading as investors took a dim view of its loss of Champions League football rights to rival BT.

Telecoms giant BT has won the rights to exclusively screen all the live Champions League and Europa League matches after a fierce bidding war against rival Sky.

UK markets have fallen this morning following the surprise announcement yesterday by the European Central Bank (ECB) that interest rates would be cut to 0.25%, and the shock downgrade of France's credit rating.

Shell and HSBC are favourite ideas in £2.7bn Investec fund as gains lag wider market.

Hargreaves Lansdown has begun the process of telling groups if their tenders for inclusion in its ‘core' Wealth list have been successful, and is understood to have secured prices of around 50bps for equity funds and less for fixed income funds.

BP and Royal Dutch Shell produced mixed results last week, but top managers are returning to the beaten-up oil majors, predicting a focus on shareholder returns instead of "growth at any cost".