Allianz Global Investors is recommending that advisers review their clients' investment portfolios to ensure they are getting the best possible returns within emerging markets.

Sluggish mining and bank stocks have dragged the FTSE100 lower this morning, currently 21.80 points (0.39%) down to 5520.

Royal London Asset Management has recruited Shalin Shah as quant and fixed interest specialist and Terence Nahar as interest rate derivatives manager.

In what could be the biggest ever payday for a public company executive, Fortress Investment Group, the hedge fund manager which floated in New York last year, has given one of its star traders more than $300m (£157m) to stay at the firm, The Independent...

Swiss giant UBS has announced it will split its business divisions into three separate units as the bank recorded another $5.1bn write-down in the second quarter.

Bridgewater Equity Release has appointed a new team, with the sole focus on assisting the intermediary distribution channel.

Guest blogger Mark Twigg, account director of Cicero Consulting airs concerns with protection comparison sites

The FTSE 100 is up once again after shooting skywards this morning, rising 52.60 points (0.96%) to 5541.80.

Old Mutual Asset Managers (OMAM) has appointed Mark Allpress as head of UK retail sales.

Offshore bond sales at Friends Provident International rose by 57% in the first six months of 2008, according to the interim results of its parent, Friends Provident.