Active emerging market equity managers have been given a further incentive to invest ‘off benchmark' after recent market falls emphasised the role played by ETFs.

Unbundled pricing now visible on Fidelity's 'Select List' service suggests asset managers have avoided a squeeze on margins, with just four of 66 active equity funds priced at below 75bps.

Jupiter has promoted Simon Hynes to global head of distribution as Maarten Slendebroek takes over as chief executive.

Outgoing Jupiter CEO Edward Bonham Carter has compared the reaction of markets to the end of ultra-loose policy to "Lance Armstrong coming off the drugs" in one of his final speeches before stepping down.

Neil Woodford's Invesco Perpetual Income fund has shed £550m in a single day, according to data from FE, as outflows from his portfolios continue.

A new wave of outperformance for high yield debt plus a return to financing strategies seen pre-crisis have begun to alarm bond fund managers.

Data provider and ratings service FE plans to take a minority stake in Richard Romer-Lee's Square Mile Investment Research as the companies launch a strategic partnership.

Japan's Nikkei has dropped another 2.5% overnight as equity markets move further into the red following a fresh tapering announcement from the US Federal Reserve.

UK GDP rose by 0.7% in Q4, according to an initial estimate from the Office for National Statistics, with growth for the year as a whole rising at its fastest rate since 2007.

Canada's Bank of Montreal (BMO) has agreed a deal to buy F&C for £708m in cash.