A commodity sell-off sent the FTSE 100 down almost 2% at 3pm as investors dumped risk assets on European debt concerns.
Liontrust has widened the investment parameters on Anthony Cross' £89m Special Situations fund, allowing the manager to focus more of the portfolio in large-cap stocks.
Chris Murphy, manager of the Aviva Investors UK Equity Income fund, looks at how to turn the golden rules of income investing into a successful portfolio.
A financial adviser has reported Legal & General to the FSA over claims it misrepresented the past performance of its £2bn High Income trust by smoothing out price movements.
The FTSE 100 is hovering around the 5,900 mark in early trading on the back of weakening metal prices sending mining stocks deep into the red.
Schroders' behemoth Income fund has had one of its worst periods of performance relative to peers following the handover to managers Kevin Murphy and Nick Kirrage.
Commodities continued to tumble today on the back of global growth concerns, with oil and silver plunging to their lowest levels since March.
The FTSE 100 has pushed back up to the 6,000 mark after shedding almost 100 points yesterday on weak US service sector and job data.
The FTSE 100 fell below the 6,000 mark mid-afternoon as weaker than expected US jobs data combined with a sell-off in commodities to weigh on shares.
AXA Investment Managers is adding a retail share class to its AXA Framlington UK Mid Cap fund at the end of Q2.