UK

MULTI-ASSET

The Office for National Statistics' second estimate of Q1 GDP has left the reading unrevised at 0.3%, but hopes are growing of a more positive Q2 figure.

The incoming governor of the Bank of England (BoE) has warned Europe must change tack and introduce significant reforms to avoid a Japanese-style lost decade.

QE

Fund closures and mergers in the UK have soared to a record high in the past six months as groups cull smaller or underperforming funds amid pressure on margins.

Ian Lowes, founder of StructuredProductReview.com, says concerns over complexity should not blind advisers to the benefits of using structured products in retail client portfolios.

BONDS

Premier Asset Management has streamlined its fund range in a move to broaden its appeal in the wealth management market.

F&C Investments' Jeremy Tigue has taken UK exposure in his £2.6bn Foreign & Colonial investment trust to a 30-year low on fears the UK is lagging behind other markets in the dividend stakes.

The UK is experiencing a slower economic recovery than 23 of the 33 advanced economies monitored by the International Monetary Fund (IMF), according to analysis.