Global

Standard Life Investments (SLI) has promoted Mikhail Zverev to the role of head of global equities.

Liontrust Asset Management has closed its Dublin-domiciled Emerging Markets Opportunities fund and fund managers Eoghan Flanagan and James Mellersh are set to leave the firm.

SVM's Donald Robertson has resigned from the group he co-founded back in 1990.

Fidelity Worldwide Investment has handed its £1.1bn Japan Advantage fund to Mark Buffett as Ron Slattery steps down from fund management due to family circumstances.

Finland's foreign minister said the country is taking measures to prepare itself for a full-blown currency crisis in Europe.

First State Investments will no longer accept new platform business for its £5.6bn Asia Pacific Leaders and offshore Global Emerging Markets Select funds in an effort to limit inflows.

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The unbundling of platform charges will result in greater price competition between fund providers, the Financial Services Authority (FSA) said today.

The European Commission is set to lay out new plans today for a unified approach to tackling tax evasion across member states, including setting up a dedicated team of auditors.