Schroders head of UK intermediary Robin Stoakley, who bagged a mention in this week's RDR debate, gives his views on why 30% of advisers could leave the industry post-RDR.

Former Bank of England policymaker David Blanchflower has called for Mervyn King to quit over the US WikiLeaks affair.

The IMA Global Emerging Markets sector recorded its largest monthly net retail inflow on record in October, as investors redeemed a significant amount from UK All Companies funds.

Economist Nouriel Roubini, known around the world as Dr Doom for forecasting the credit crisis, says Portugal will be the next European country in line for an Irish-style bailout.

Schroders is planning to create a multi-manager product based on its popular Income Maximiser range, which would offer investors a 7% yield and monthly income distribution.

Alastair Mundy, manager of the Investec Cautious Managed fund, believes lowly valued blue-chip equities are possibly the best hedge against any future economic or market uncertainty.

Schroders has unveiled its third yield enhancing Income Maximiser unit trust, which is based upon the group's Global Property Securities fund.

A vehicle linked to hedge fund manager John Zwaanstra, a former protégé of George Soros, has emerged as the mystery buyer of a 5% stake in Gartmore.

The decision to cut Ross Hollyman's global equity team, which ran less than $1m of internal money, has cost boutique manager Liontrust £781,000.

Tony Maddock, the head of wholesale at SWIP, is moving to Lazard Asset Management to lead the group's third party distribution.