Europe

News that Greece will fail to meet deficit reduction targets pushed the FTSE 100 down 2.8% at open, dragging it below 5,000 points.

A draft copy of the European MiFiD financial services reforms has singled out independent firms for the ban on commission, but stops short of confirming the rules will also apply to other advisers.

The FTSE 100 sold off sharply in early trading alongside indices across Europe as fears over a break-up of the region swept across markets once again.

Justin Oliver, investment director at Collins Stewart Wealth Management, explains why a multi-manager approach to investing can benefit your clients in a volatile environment.

Barclays Capital's Nathan Bance explains how exchanged traded notes differ from other products in their family.

Dow Jones has launched a family of risk control indices and one targeting the Islamic investment market.

Sterling is not gaining safe haven status as some suggest, says Barclays Wealth equity strategist Henk Potts, and it would be a mistake to give up on balanced long-term investing now.

Assets under management in European exchange-traded products (ETPs) reached a record €243bn last week, Lyxor reports.

Commodity exchange-traded products (ETPs) surpassed fixed income for the first time in July, according to Lyxor's European ETP Asset Flow Trends report.

The UK government is understood to be prepared to shoot down proposals for a financial transaction tax being mooted by Germany and France.