The latest figures to be published by the European Fund and Asset Management Association (EFAMA) present a snapshot of the state of the industry at the end of 2010 and the picture looks optimistic.
Standard Life Investments has launched its Global Emerging Markets Equity Fund aimed at investors looking to broaden their investment universe and diversify their portfolios beyond "global developed markets".
Investment veteran Warren Buffett has said the chances of the US slipping back into recession are very low, despite fears over the fiscal cliff facing the country at the end of the year.
Trade body the IFA Centre has welcomed the Financial Services Authority (FSA's) finalised guidance on delivering independent and restricted advice.
UK house prices will end the year at the same level as now owing to tough economic conditions, a lender has predicted.
David Cameron will warn Angela Merkel today the eurozone's future is in grave peril unless she orders action to rescue struggling economies such as Greece and Spain.
Almost three million pensioners and low-paid workers have paid too much tax on their savings, research suggests.
Hedge fund manager Man Group is to drop out of the FTSE 100 following the index's latest quarterly review after a fresh period of poor share price performance took its toll on the company.
The time it takes the Financial Services Authority (FSA) to give approval to start a new business in the UK has increased significantly in the past nine months, the FT reports.