Aberdeen's Hugh Young and his Asia Pacific team have won OBSR's Outstanding Fund Manager award.

The FTSE 100 fell 0.85% or 46.36 points to 5,392.83 this morning with Barclays among the biggest losers.

The Global Bond sector reached its highest ever monthly sales figure in July, according to the IMA.

Adrian Frost and Adrian Gosden of Artemis are to run a new UK and global income fund for St. James's Place (SJP).

The FTSE 100 opened higher, up 0.47% or 25.67 points to 5,453.82, in response to Friday's better than expected US jobs data.

Morgan Stanley has begun selling the third tranches of its six-year FTSE Income and the FTSE Bonus Growth plans.

Merchant Capital has launched the second tranche of its Kick Out plan: Emerging Markets.

BlackRock has made changes to its fund range including the planned closure of its Japan vehicle and alterations to the investment strategy and name of its High Income Bond portfolio.

Veteran manager Gervais Williams has resigned from Gartmore and will leave the firm at the end of September.

The FTSE 100 opened 0.5% higher in early trading on Wednesday after firm economic data from China spurred sentiment.