Billionaire investor George Soros has told European leaders they only have three months to rescue the single currency.

Multi-manager investment boutique Architas is launching a Multi-Asset Blended range of eight funds, combining active and passive management styles.

Scottish Widows Investment Partnership (SWIP) has confirmed the members of its revamped global equities team who will be staying following its overhaul.

The International Monetary Fund (IMF), headed by Christine Lagarde, has urged the UK to consider introducing more quantitative easing and cut interest rates.

SWIP has joined the growing number of asset managers offering RDR-ready share classes by launching a lower-cost share class for its £38m Diversified Assets fund.

Aviva Investors has appointed Paul Abberley as interim chief executive following the departure of Alain Dromer.

A paper being reviewed by the House of Lords has launched an attack on the Investment Management Association (IMA), saying it is ill-equipped to decide on sector classifications, and the job should fall to a more impartial body.

Think-tank NIESR has warned rising unemployment rates, which will hit 9% by the end of the year, will do permanent damage to the UK's productive capacity.

Insurance firm Aviva has suffered an embarassing blow after more than half its shareholders voted against its proposals on executive pay at its annual general meeting today.

Net retail sales for Q1 2012 have slumped considerably compared to the two previous years, according to the Investment Management Association (IMA).