Richard Buxton has "controversially" started investing in UK domestic stocks despite the significant headwinds facing consumers this year.
US - A third round of quantitative easing in the US would lead to the collapse of the dollar, M&G's Jim Leaviss has warned.
UK - Aberdeen Asset Management has seen its profit before tax surge 54% to £142.8m ($235m) for the six months to the end of March.
BlackRock is preparing to expand its equity income fund range with the launch of onshore global, European, and resources offerings.
EUROPE - PIMCO is partnering with exchange-traded product provider Source to offer fixed income ETFs in Europe, marking PIMCO's entry into the European ETF market.
BlackRock has launched the Frontiers Investment Trust providing investors with long-term capital access to some of the fastest growing economies.
Transfers from contracted out defined benefit schemes to non-contracted out schemes will be permitted after contracting-out on a defined contribution basis is abolished.
The National Employment Savings Trust has reduced the upfront charge on contributions going into the scheme from 2% to 1.8%.
A new tax transparent fund vehicle to be launched ahead of the implementation of UCITS IV regulations should attract more than £20bn of additional multinational pension fund investments, Deloitte says.
Pensioners groups are uniting in London to urge the coalition government against switching the pensions indexation to the consumer price index, as it will push millions into poverty.