FTSE 100

Hargreaves Lansdown is to join the FTSE 100 index, reflecting the continued growth of the wealth manager in recent years.

US stocks closed lower on Friday despite a strong labour market report for February, as the oil price continued to rise, driven by continuing turmoil in Libya.

The FTSE has opened trading in negative territory as fears over the fallout in Libya continue to unsettle investors.

Sterling rose against the dollar and the euro after monetary policy committee (MPC) minutes for February showed a more hawkish outlook than expected.

The number of client accounts at Barclays Stockbrokers holding ETFs has risen 137% in the past two years and is up 42% on 2009.

London's leading share index had a sluggish start this morning, while European markets fell on uncertainty over the Middle East and oil supply.

Barclays Capital Fund Solutions, the asset management business of Barclays Capital, is broadening its product offering with the launch of a structured OEIC linked to the performance of the FTSE 100.

Jonathan Davis, who was announced as the new ABI director of investment affairs in November, has revealed he will not take up the role after all.

London's leading share index edged higher in early morning trading, after disappointing results from Royal Dutch Shell yesterday dragged the FTSE down to close below 6,000.

Morgan Stanley has launched two 100% capital protected structured products, both delivering ‘simple' payouts linked to the performance of the FTSE 100.