Schroders has renamed its gold and metals fund and changed the investment objective to allow it to invest in a different set of underlying commodities, including gold equities for the first time.

Jupiter's chief investment officer John Chatfeild-Roberts has upped his weighting to Latin America across his £6bn Merlin multi-manager portfolios after taking profits in the region last month.

A year on from the explosion on BP's Deepwater Horizon oil rig that caused one of the worst environmental disasters in US history and saw the oil giant's share price plunge more than 50% in 50 days, we recap the key events...

David Jane is preparing to roll out the first offering from his new boutique, Darwin Investment Managers, and is making plans for a second absolute-return focused product later this year.

The FTSE 100 opened higher this morning after a sharp fall yesterday on news Japan had been hit by a second earthquake.

Jean Claude Trichet, the president of the European Central Bank, has defended yesterday's 25 basis point hike in interest rates as good for the eurozone, as EU leaders prepare for talks on the bailout of Portugal.

Skandia Investment Group (SIG) is reviewing a £7.6m bond mandate run by Old Mutual Asset Managers (OMAM) following the departure of manager Stephen Snowden.

Old Mutual Asset Managers' bond manager Stephen Snowden has left OMAM to return to rival house Aegon Asset Management.

MAM Funds' Simon Edwards is retiring from the firm in September.

Fund managers believe the revised growth forecast for the UK, revealed in today's Budget, is still too optimistic and may not be an achievable target.