The bad news continued for embattled retailer Tesco yesterday after its credit rating was downgraded by two key agencies.
Where did the smart money go in September?
Investors are "in the teeth" of a severe sell-off - but one which may be over relatively quickly, according to equity income manager Neil Woodford.
Old Mutual Wealth has finalised a deal to acquire Quilter Cheviot for £585m.
The FTSE has opened 1% higher as it begins to recover from its worst one-day fall in 16 months on 15 October.
Henderson director of European equities Richard Pease is leaving the firm to join new venture Crux Asset Management, taking his £1.1bn European Special Situations fund with him.
Jupiter Fund Management saw a net inflow of more than £1bn into its fund range in the nine months to September, a period in which it concluded the sale of its private client business to Rathbones.
Sector report: Why is global equity income so unloved?
Asset Allocators' Soapbox: The problems with P/E and P/B ratios