Unemployment in the UK continued to rise in the three months to September, although the 30,000 increase was the smallest since May 2008.

Insight Investments has announced around 120 jobs will be lost by March 2010, following the migration of its assets to SWIP and BNY Mellon.

Equity fund sales overtook bonds for the first time since 2007 last quarter as the IMA announced 2009 has been a record year for net retail sales.

Guy de Blonay's defection to Jupiter raises serious concerns about the integration of Henderson and New Star, Chelsea Financial Services' Darius McDermott believes.

Aberdeen Asset Management is soft closing its £952m Emerging Markets fund to both retail and institutional investors.

Cautious managed funds closed the gap on the top selling UK Corporate Bond sector on Fidelity FundsNetwork last month, seeing 11% of total inflows on the platform.

Henderson's head of UK wholesale Laurie Jaques has left the firm to pursue opportunities elsewhere.

Jubilee Financial Products (JFP) has expressed an interest in acquiring parts of structured product provider NDFA, which went into administration yesterday.

The administrators of structured product providers NDFA and DRL say their priority is to confirm investor funds have been segregated from the firms' business accounts.

Threadneedle is closing its UK Money Securities fund after it experienced huge losses and redemptions since the start of the credit crunch in summer 2007.