UK

Net retail inflows of £3.3bn over the first three months of the year helped propel Schroders to a record quarterly inflow in Q1.

Even the great Warren Buffett, who has successfully negotiated a number of crisis situations in his time, has admitted he would not want to be responsible for tackling the UK's debt problem.

Rob Burdett and Gary Potter will run the combined retail multi-manager business of Thames River and F&C, with Dean Cheeseman to head-up the institutional and Lifestyle range.

Prudential's largest shareholder, the Capital Group, is eying a potential break-up of the insurer as a radical alternative to its $35.5bn AIA acquisition.

Invesco Perpetual's Neil Woodford is one of a trio of highly regarded managers appointed to run balanced managed unit trusts for St. James's Place.

The Bank of England's fantasy forecast of a decline in annual CPI inflation to about 1% in early 2011 looks even less credible in the wake of March numbers showing an unexpectedly large rise from 3% to 3.4%.

St. James's Place recorded an 84% surge in unit trust and ISA investments over the first quarter of the year.

Schroders' Richard Buxton remains bullish on British Airways despite losses caused by the volcanic ash crisis and plans to increase exposure to the airline on further weakness.

Child Trust Funds (CTFs) could solve Britain's debt problem if linked with inheritance tax (IHT) as a part of a wider, inter-generational asset strategy, experts say.

Strategic Bond funds were the best sellers amongst retail investors in February as they continued to rotate out of plain vanilla Corporate Bond vehicles.