Equities

The S&P 500 closed under 1,100 for the first time since September 2010 as eurozone ministers failed to reach a decision on the second phase of a bailout for Greece.

The FTSE 100 has closed down 1.3% bringing a total loss for the quarter to 13.7%, its worst performance for nine years.

Confidence in the UK economy amongst advisers has fallen by 5% this quarter, Skandia says.

Schroders has promoted Rob Hall to head of multi-manager and handed him co-manager responsibilities on a trio of funds.

The Dow Jones has ended a three day winning streak, with investor sentiment taking a hit from losses in ‘safe haven' commodities.

Andrew Milligan examines whether Western countries are facing the same fate as Japan following the 1989-1990 crash.

Liontrust has blamed stock market movements for a fall in its assets under management between April and September, but has reported a positive net inflow for the period.

The largest equity income funds should be capped to protect investors from concentration risk, according to RWC Partners' Ian Lance.

Jupiter's Merlin multi-manager team has said yields on 10-year UK and US government debt could fall well below existing record lows if markets continue to price in a Japan-style economic outlook.

The Federal Reserve will not pump extra money into the ailing US economy, but policymakers last night unveiled a new scheme which they hope will stimulate growth.