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Oil prices will descend in the next six to nine months, with Brent falling from $113 a barrel at present to around $85 by the middle of next year, according to leading economist Robin Bew.

Henderson Group is close to quitting Britain for tax reasons in a move that would send shockwaves through the City and the Treasury, The Telegraph reports.

AIG intends to significantly raise its presence in the UK financial services retail market. Sponsoring Manchester United was the first major step in that process, says Mark Hawthorne, head of sales and marketing at the firm's Life arm.

Stuart Tyler, senior investment analyst for Lincoln, says that while investors expect higher volatility in emerging markets, corrections like those seen recently reduce the tolerance for risk short-term - but now is not the time to ignore long-term fundamentals....

Macroeconomic influences such as inflation, economic growth and employment have a major influence on both companies and individuals.

The IMA has warned against imposing dual control of fund management companies' activities by both its home state supervisor and the supervisor of the fund's member state.

The economy is facing a period at "least as challenging" as the 1970s, when Britain sank into a deep recession, the deputy governor of the Bank of England, Charles Bean, warned yesterday, The Guardian reports.

The Martin Currie GF North American fund, a subfund in the firm's Luxembourg Sicav range, has reached $56m after launching on 9 June this year. It has also been awarded an AA (New) rating from Standard & Poor's, based in on its management team's onshore...

New Star's recently launched Indian Equity fund is the first New Star offering to be available on the Skandia Life Ireland platform and has also been added to the Royal Skandia platform.

Bank bonds now offer exceptional value, according to Stephen Snowden, manager of the Old Mutual Corporate Bond fund.