HIDDEN GEMS

Wealth manager Charles Stanley has reported a 4.6% jump in client funds under management, with a significant boost coming from discretionary managed funds.

Invesco Perpetual has hired David Bower as head of marketing for the EMEA region, after Rick White's marketing role was made redundant in November.

The FTSE 100 looks set to break the 6,200 level, the first time since May 2008, continuing the rally that has propelled markets since the beginning of the year.

Barclays is at the centre of further scandal after a senior executive quit following revelations he shredded a report which said part of the bank was "out of control".

Invesco Perpetual has announced Mark Armour will take over as CEO at the end of this year, following the retirement of James Robertson.

WEALTH MANAGERS

Global fund management groups such as BlackRock, T Rowe Price and Federated Investors are rushing to set up ‘ultra-short' bond funds to lure investors away from the money markets.

The ECB has cut growth forecasts for next year as President Mario Draghi warned of a continued gloomy outlook for Europe in 2013.

As the Chancellor George Osborne delivered his Autumn Statement earlier today, the investment industry and press took to Twitter to give their views on the changes.