Schroders has launched a multi-asset fund aiming to protect investors' capital in varying market conditions.

Mirabaud Asset Management has launched a high yield bond product for its latest recruit Andrew Lake, who joined the group from Aviva Investors at the start of the year.

Majedie Asset Management has launched a UK Income fund for manager Chris Reid.

Incoming Bank of England (BoE) governor Mark Carney intends to place economic growth at the top of his priority list when he takes on his new role.

The Monetary Policy Committee (MPC) voted unanimously to hold the bank rate at 0.5% at the last meeting, while all but one member voted to maintain the QE programme at £375bn.

David Barron, head of investment trusts at J.P. Morgan Asset Management, is to leave the firm.

The US authorities have released their final set of rules on the FATCA regime designed to prevent tax evasion among US citizens with assets in offshore accounts.

Fidelity's head of research for European equities, Henk-Jan Rikkerink, has outlined eight core themes revealed in a recent survey of the group's investment professionals.

Mercer's Paul O'Connor is to join Henderson as a director on its multi-asset team. He will be involved in the management of an institutional strategy called Diversified Growth when he assumes his role at the firm on 28 January.

The Japanese government has approved a fresh 10.3 trillion yen ($116bn; £72bn) stimulus package to shore up its flagging economy.