Investec has agreed to sell Rensburg Fund Management Limited to Franklin Templeton for £45m.

UK - Investec has agreed to sell Rensburg Fund Management Limited to Franklin Templeton for £45m ($71.5m).

UK - Goldman Sachs has been appointed to carry out a strategic review of beleaguered fund group Gartmore.

Goldman Sachs has been appointed to carry out a strategic review of beleaguered fund group Gartmore.

UK - Gilt yields have spiked strongly after the UK recorded twice the expected growth in the third quarter.

Chancellor George Osborne is unveiling a range of cuts to government spending, aimed at bringing the UK's burgeoning deficit under control. Here are the key points live...

RBC Wealth Management has reached an agreement to buy BlueBay Asset Management for £963m.

EUROPE - RBC Wealth Management has reached an agreement to buy BlueBay Asset Management for £963m ($1.5bn).

Fidelity International is changing its name to ‘Fidelity Investment Managers' in an effort to better reflect the group's primary focus.

Rumours are escalating in the City that fund manager Gartmore could be ripe for a takeover approach, as its share price languishes more than £1 below its December 2009 flotation price.