Advisers and wealth managers will have access to half of the initial £630m capital raising for Anthony Bolton's Fidelity China Special Situations investment trust.
Clive Cowdery's insurance investment vehicle Resolution is expected to soon unveil plans for a further acquisition in the UK life space after Friends Provident reported a 13% drop in 2009 sales.
A UK collaborator in a £1.5m Spain-based boiler room operation has been jailed for 33 months.
Financial advisers overwhelmingly voted a change of regulator would be the best thing the New Year could bring to improve their working life.
Less than two days after the resignation of FSA chief executive Hector Sants, advisers have been keen to outline who they think should replace him.
A key estimate of UK GDP suggests output increased in the three months ending in January, but indications of a more substantial recovery are still wide of the mark, according to the National Institute of Economic and Social Research (NIESR).
Towers Watson has started recommending its clients invest up to half of their passive assets in fundamental indices.
Aviva is removing initial charges from its newly-reopened wrap proposition from 15 February to the end of the year.
The Cautious Managed sector held on to its dominant sales position on Cofunds for January, but property continued to be the fastest-growing sector.
China Investment Corporation, the Chinese sovereign wealth fund, is using ETFs to gain exposure to a diverse range of asset classes, according to a filing with the US Securities and Exchange Commission.