F&C Asset Management suffered a dip in funds under management to £97.8bn for the year ended 31 December 2009, compared to the previous year's £98.6bn.

The investment trust sector could suffer if Anthony Bolton fails to make a success of his new Fidelity China Special Situations vehicle, securities broker Winterflood has warned.

CitiFirst, the retail structured product division of Citigroup, has pushed back the launch of its first open-ended fund, blaming platforms for the delay.

The FTSE 100 opened flat following a mixed performance in the US overnight. The UK index was up 0.07% or 3.07 points to 5,610.

Gilliat Financial Solutions has launched the second plan in its 50/50 Deposit series which splits capital equally between two investments.

Meteor Asset Management has reissued its Protected FTSE plan.

Retail investors exited UK equities in favour of global and regional funds in January.

Barclays Wealth has reissued its suite of products for investors willing to accept an element of risk to their capital.

Multi-tied advisers are way down the list of consumers' preferred distributors for financial products in the future, behind even supermarkets and major retailers like M&S.

Aviva Investors has launched its fourth structured product linked to the FTSE 100 index.