Castlestone Management has launched a gold and precious metals equities fund for CEO Angus Murray.

Gartmore shareholders have voted overwhelmingly in favour of the group's takeover by Henderson Global Investors, with almost 99% of voters approving the proposals.

Ex-Gartmore head of multi-manager Bambos Hambi has joined Standard Life Investments as head of fund of funds.

Henderson Extra Monthly Income Bond fund manager Ben Pakenham on why he is adding to risk assets following the Japanese earthquake and subsequent sell-off in high yield debt.

Schroders has added a retail share class to its QEP Global Core fund to create the second offering in suite of actively-managed products with passive fund-style charges.

J.P. Morgan's alternatives arm Highbridge Capital Management has launched the Highbridge Diversified Commodities fund offering investors access to commodities futures in a Ucits III format.

US stocks closed lower on Friday despite a strong labour market report for February, as the oil price continued to rise, driven by continuing turmoil in Libya.

MAM Funds is preparing to float a small and mid-cap biased equity income trust for new managing director Gervais Williams.

Schroders is this month launching the UK Core fund, the first in a suite of low cost actively-managed products, for Richard Buxton's UK equity team.

The price of gold has hit a record high on concerns about unrest in the Middle East and contagion risk from Libya, while oil has topped the $116 a barrel mark.