Hargreaves Lansdown is planning to secure "as good if not better" terms with fund groups on super clean share classes as Standard Life, after the latter announced it had secured preferential deals with 15 fund providers.

Eurozone countries face a decade of deflation and stagnation if governments fail to tackle debt and slow growth plaguing the region, Standard Life Investments' global strategy head has said.

The gold spot price hit a 33-month low today after positive US economic data strengthened the case for a tapering of quantitative easing, further eroding demand for safe havens.

The Investment Management Association (IMA) is canvassing fund groups on how to counter the "very significant erosion of trust in financial services" amongst consumers, and has proposed introducing a 'statement of principles' for members.

Fidelity's Anthony Bolton has blamed US-listed Chinese firms for the poor performance of his Fidelity China Special Situations trust, on top of a falling market.

Old Mutual Global Investors has seen inflows of more than £100m into Richard Buxton's UK Alpha fund, ahead of his arrival at the group.

Barclays' wealth division has closed its discretionary fund management service to advised clients with less than £250,000 of investable assets.

Last July's pledge by European Central Bank (ECB) president Mario Draghi to do "whatever it takes" to save the euro has sparked a run that saw the MSCI Europe index beat the MSCI World by 6% in the last year, surpassed only by the US in terms of performance....

A lack of further easing from the Japanese authorities coupled with fears over QE in Europe rattled markets today, sending the FTSE 100 to a seven-week low, with asset managers among the biggest fallers.

A private charity lunch with Warren Buffet has sold for $1m - less than a third of last year's price.