The FTSE 100 Index ended flat today, down just 3.30 points at 5,820 points, with Schroders leading declines.
Schroders slumped 9.45% to 872p after revealing assets under management slipped slightly to £122.3bn at the end of June compared with £122.5bn as of 31 December last year.
Vodafone fell 1.79% to 110p after JP Morgan chopped its stance on the mobile giant to “underweight” from “neutral” in the wake of the profit warning from Deutsche Telekom yesterday.
Tesco leapt 2.26% to 373.25p after reports suggested it was poised to launch a homewares catalogue in four weeks.
Xstrata advanced 0.49% to 2,253p and Antofagasta added 0.18% to 424.75p as commodity prices improved.
Corus climbed 1.64% to 388.25p on better than expected figures from Germany’s ThyssenKrupp.
In the US, the Dow Jones industrial average is down 28.26 points, or 0.25%, at 11,096.11 points, led by the technology sector.
Apple has fallen 1.2% to $63.34 after it said it was delaying results as it reviews irregularities related to some past stock options grants.
Analog Devices has fallen 12% to $28.10 after it posted weaker-than-expected sales growth.
Kohl's has risen 2.4% to $59.74 after the company posted a better-than-expected quarterly profit and raised its earnings outlook.IFAonline
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till