State Street Global Advisors is launching its inaugural UK range of ETFs within the next quarter, as part of plans to launch more than 50 index-tracking funds in the next two years.

St. James's Place is launching a global equity fund in a bid to diversify assets away from fund manager THS Partners.

Fundsmith founder Terry Smith and SCM Private's Alan Miller continue to fight their corners in the ETF arena.

The Bank of England's Paul Fisher said he would consider making emergency bond purchases if the UK's economy suddenly slumped.

Neil Woodford is poised to increase the limit on overseas investments in his £940m Edinburgh Investment trust to 20%, as the manager continues to find better income opportunities outside of the UK.

Goldman Sachs has reversed its bearish call on commodities, urging investors to buy as it expects oil will surge to $130 a barrel in the next 12 months.

Sterling has recovered from a seven-week low, moving higher against the dollar after it fell on Moody's threat to downgrade a raft of UK banks.

Regulators' concerns over ETFs causing systemic risks are not unique to the product and apply to other investments, the European Fund and Asset Management Association said.

Architas, the multi-manager arm of Axa, has launched three multi-asset funds of passive funds for Steve Allen, an investment analyst at the firm.

The Bank of England is right to hold interest rates at record lows of 0.5% as governor Mervyn King takes a long-term view, according to George Osborne.