Government bonds are unlikely to deliver strong returns in a low interest rate environment going into next year, warns Jupiter CIO John Chatfeild-Roberts.

MAM Funds, the recently rebranded Midas Capital and Miton Asset Management, is looking to raise £20m in extra capital, and is strengthening its management team with the hire of Gervais Williams.

Witan, the £1.56bn multi-manager investment trust, has added its first dedicated emerging markets portfolio.

Lord Myners, former City minister, has called for a break-up of Britain's biggest banks.

Skandia Investment Group (SIG) has cut an £8m mandate run by Gartmore's Ben Wallace from its £62m UK Strategic Best Ideas fund, pointing to "disappointing" returns.

US markets closed 1% ahead yesterday on a buoyant day for global shares as fears around the European sovereign debt crisis eased.

BlackRock's Daniel McKernan has joined Scottish Widows Investment Partnership (Swip) as head of European and UK credit within the fixed income team.

Legg Mason's chairman Bill Miller has slammed investors for ignoring the advice of ‘Sage of Omaha' Warren Buffett.

Annual consumer prices inflation (CPI) rose in October to a four-month high of 3.2%, up from 3.1% in September and higher than economists' forecasts.

Barclays has reported a small rise in pre-tax profits in the third quarter as its investment banking business continued to slow.