Specialist

Exchange Traded Product flows reached their highest monthly level in almost four years in September as investors piled into passives.

Terry Smith has criticised Nick Clegg's "brain dead" idea to allow parents to use their pension to help their children on the "over-priced" property ladder.

Venture Capital Trusts (VCTs) are facing the prospect of a steep decline in fundraising if they are not granted an exemption from restrictions on the sales of unregulated collective investment schemes (UCIS).

Aviva Investors has proposed the closure of its Global Listed Real Estate Securities business, including the Global REIT fund run by Paul Van De Vaart, as it has "insufficient scale".

Jupiter chief investment officer John Chatfeild-Roberts has outlined the shape of his Merlin Conservative portfolio, which will launch later this month, marking the fifth edition to his £7bn strong fund of funds range.

Gold has climbed to its highest level in more than five months as speculation the next round of quantitative easing (QE) in the US is just weeks away pushed the precious metal higher.

Billionaire investor George Soros has become one the biggest backers of Manchester United Football Club after buying a near 8% stake in its listed shares.

GOLD

APPRENTICE

The Bank of England has warned hedge fund managers the eurozone crisis could result in a clampdown on their activities.