Investment General

Advisers believe business could bounce back to normal levels within six months as they continue to see a pick up during the last quarter.

The FTSE 100 slumped on opening this morning with utilities companies among the losers following Ofwat's call for lower water bills.

Cazenove Capital has rolled out a new service for advisers looking to outsource investment decisions.

Aegon Scottish Equitable has partnered with M&G to offer five insured fund links as part of its evolving external fund range.

Premier Asset Management has bought the management contracts of 10 UK Oeic funds acquired by Aberdeen in its recent takeover of Credit Suisse Asset Management.

Global equity markets continued to slide last month declining 0.58%, according to Standard & Poor's The World by Numbers monthly report.

Friends Provident completed the demerger of F&C Asset Management today (Friday 3 July) with its controlling stake in the firm distributed to all Friends' shareholders.

J.P. Morgan Asset Management has launched a new multi-asset income fund, with a target gross yield of one-month Libor +2.5% over a five-year cycle.

Aegon is launching a UK Equity Income fund on 30 June for managers Iain Wells and Douglas Scott.