Aberdeen has been buying into gilts over the past two weeks on optimism the UK will keep its AAA credit rating and sterling will hold firm.

Roger Guy has hit out at the company's "excessive" internal compliance rules which he blames for the suspension of his management partner Guillaume Rambourg this week.

Henderson's Stephen Peak remains comfortable with his near 12% stake in Gartmore despite seeing the fund manager's share price slide more than 30% this week.

Gartmore shares have rebounded after the fallout from the suspension of star manager Guillaume Rambourg knocked its share price in early morning trading.

Gartmore has suspended high profile fund manager Guillaume Rambourg pending the outcome of an internal investigation in relation to trading breaches.

The Debt Management Office plans to increase issuance of longer dated conventional and index-linked gilts in the coming financial year in response to strong structural demand.

Follow the Chancellor's key Budget announcements as they happen...

UK - Fidelity International chief investment officer Nicky Richards is to depart the group at the end of this month.

Fidelity International chief investment officer Nicky Richards is to depart the group at the end of this month.

Royal London Asset Management has launched a global index-linked bond fund aimed at hedging against potential inflation, but at higher yields than currently available in the UK.