Economics / Markets

The FTSE 100 has ended the day down 17.9 points, or 0.29%, to 6,122.1 as utilities offset earlier losses.

The FTSE 100 is down in early trading with a drop of 45 points, or 0.73%, to 6,095, as miners got off to a poor start.

The FTSE 100 has ended the day down 20.3 points, or 0.33%, to 6,140, as negative broker comment affected property stocks.

British Land slid after an analyst downgrade, helping the FTSE shed about 4.2 points to 6,156.1 in early trading.

INVESCO Perpetual is to convert its UK Key Trends fund to a best ideas style vehicle, changing the name to UK Focus.

NEW Star's Guy de Blonay has urged the Investment Management Association (IMA) to create a new sector for funds which invest in financial services firms.

HSBC has revealed the likely composition of its first two open range products.

AVIVA is telling eligible policyholders to wait until 2008 for a decision on reattribution payments for two with-profits funds.

PETER Webb's Falcon investment trust outperformed its benchmark, the Hoare Govett Smaller Companies index, by 5pc for the year to September 30, 2006.

AN overweight in pharmaceuticals led to the Barings UK Growth fund lagging the performance of the UK Equity Income portfolio, according to manager Charles Deptford.