Managed solutions

The Skandia label will disappear in the UK and a number of senior roles have been reshuffled as part of a major overhaul of the Old Mutual Wealth Management business.

Moody's will strip the United States of its AAA rating if a deficit reduction deal is not struck in Congress, it has warned.

THE LAGGERS

ECB president Mario Draghi has outlined details of a plan to buy unlimited amounts of eurozone nations' short-dated debt in an effort to stem the eurozone crisis.

OUTSOURCING

RISK RATE RUSH

Architas is offering the option to map its funds to the FinaMetrica risk-profiling scale, to help advisers match their clients with the group's funds.

TOP PERFORMERS

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