Invesco Perpetual's Mark Barnett has taken over Neil Woodford's Invesco Income and High Income funds with immediate effect, ahead of his original end-April start date.

Skandia is working in conjunction with IFAs on a service which will enable advisory clients to use its platform directly in order to top up ISA holdings.

HSBC shares have fallen almost 5% after full-year results failed to meet market expectations.

Berry Asset Management is to become Border & Cie (UK) as it adopts the name of its parent company ahead of a UK expansion.

Skandia has revealed the full list of individual prices on its new WealthSelect range, which offers 56 funds with an average AMC of 0.52%.

Rathbones has reported a 15% increase in pre-tax profit for 2013, to £44m, but its interest in a potential purchase of Jupiter's private client business remains uncertain.

AXA Framlington UK Mid Cap manager Chris St John has said now is a "good time to be cynical" as signs emerge of increasingly bullish activity in markets.

Fund buyers have flagged the possibility of the country's largest emerging market equity funds reopening after outflows and market falls prompted a sharp drop in assets.

Weaker US data and ongoing expectations of tighter UK monetary policy have helped boost gold and sterling respectively as the dollar loses ground.

Analysts at Numis have compared charges from the likes of Barclays, Brewin, Coutts and Rathbones to investigate how industry fees stack up against platforms' newly-unveiled clean prices.