Meteor Asset Management has started marketing its Prima Platinum Plan 7.

A $3.7bn acquisition by consumer products giant Unilever led European markets higher in early Monday trade, the FTSE adding 0.2%.

A new asset manager is offering advisers an equity stake in the business as it launches a range of RDR-compliant risk-rated funds.

Cazenove is planning to launch an income fund for co-heads of multi-manager Marcus Brookes and Robin McDonald.

The FTSE 100 had a strong start to the week, up 0.71% or 39.14 points to 5,547.59, supported by news BP had permanently sealed its Gulf of Mexico oil well.

F&C will retain the £617m Commercial Property trust (FCPT) mandate following a failed takeover bid by Ignis-managed UK Commercial Property trust.

The FTSE 100 rose 0.88% or 48.58 points to 5,550.22 boosted by new financials regulation and positive economic data from China.

Resolution founder Clive Cowdery has called on fund managers to make the financial services industry more investable.

M&G won the Outstanding Investment House accolade at last night's OBSR Honours Dinner, held at the Dorchester Hotel in London.

OBSR has handed its Rising Talent award to Jupiter's Cédric de Fonclare, manager of the European Special Situations fund.