A revival in appetite for UK mining firms, spurred by a rebound in metal prices, helped to push up the UK's benchmark index in early exchanges.
US stocks pushed ahead, buoyed by financials, despite a hike in jobless figures.
Axa Investment Managers has recruited Mark Beveridge as global head of the Axa Framlington business.
Swip has launched three emerging markets funds, focussing on infrastructure, smaller companies and Latin America respectively.
Harewood Solutions, a part of BNP Paribas, is launching a new UK Enhanced Income fund.
The FTSE has opened flat despite a rally from miners and natural resources companies.
Only 12% of the UK's most highly rated fund managers believe bonds will outperform equities over the next 12 months, according to a survey by Chelsea Financial Services.
Positive US job figures failed to spur the Dow Jones in early trading on Wednesday.
OBSR has awarded Trevor Greetham's Fidelity Multi-Asset Strategic fund an A rating.
Lloyds Banking Group is among the fallers in early trading on Wednesday on rumours it is close to securing a deal that will see some of its bad loans insured under the Government's asset insurance scheme.