Credit Suisse Asset Management has appointed Joseph Ho in the newly created role of head of ETFs Asia Pacific.

Templeton's emerging markets expert Mark Mobius says he is still 'very positive' about Egypt's investment prospects, believing political turmoil will spur long-term reform.

Inflation will stay "stubbornly high" this year, pressuring the Bank of England to up interest rates from the second quarter, the Confederation of British Industry (CBI) says.

The UK and US are 'lying' about rising inflation, while most other governments around the world acknowledge this is happening, says Jim Rogers.

Morgan Stanley has launched the FTSE Gilt-Backed Growth Plan 7, a collateralised structured product designed to mitigate credit risk and protect capital.

The FTSE 100 fell almost 1.5% to below 5,900 in midday trade on Thursday as strong growth figures from China prompted monetary tightening concerns.

F&C Asset Management is cutting 110 jobs as part of an outsourcing deal designed to save up to £12m a year.

Leading shares are mixed at the outset leaving the FTSE 100 barely changed, down 0.32% or 19 points to 6,004, although tech firm ARM received a boost.

iShares is planning to offer commodity ETFs this year, plugging a gap in its product range.

Espírito Santo Activos Financeiros, a branch of Portugal's Banco Espirito Santo, has launched its inaugural ETF on NYSE Euronext Lisbon.