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Iftikhar Ali, a hedge fund manager at the London arm of Millennium Management, who was born only a few miles from the floods that have devastated Pakistan since July, has travelled to the stricken region to provide aid. Over the coming week he will describe on this blog how £700,000 he and five other credit traders raised is being put to use. These are some of his photos from the trip.

Former global head of bond research is tipped to go to Rogge Global Partners, a bond manager

MFS has won more than 30 mandates in the past 24 months, bringing its assets under management to £120bn

With the third quarter earnings season under way, bankers are bracing themselves for a rough time

Two funds backed with £150m are struggling to raise and deploy capital 15 months after start-up

Transition managers make it easier for investors to swap mandates

Financial News celebrates the best in European institutional asset management

Is the party ending for high-frequency traders?

Low trading volumes and the high cost of innovation threaten to derail the rise of electronic trading houses

Analysts forecast slump in third-quarter revenues

Investment banks brace themselves for their worst quarter since straight after Lehman Brothers collapsed

RBC is paying a full price, considering BlueBay's size - so the bank had better be certain of its strategy

Abraaj may invest up to $400m in two PE deals this year

The development comes amid indications that private equity deals in the region, along with corporate activity, are beginning to pick up

Citigroup investment bank scrapes ahead of dire Q3 forecasts

The US bank reported a lacklustre performance across most of the division, but came out ahead of FICC expectations for the quarter

House of the Day in pictures: Designer Cotswolds bolthole

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Overlooking six of the Cotswold's most beautiful lakes, spread over 650 acres of rural land, 'The Lakes by yoo' is a second home development part-designed by socialite and former model Jade Jagger.

UBP sharpens Benelux focus with senior hire

The Swiss firm has hired a private banking veteran to expand its services in Europe

One of the most popular characters in UK pensions is set to become the airport operator's reward manager

House of the Day: Designer Cotswolds bolthole

Jade Jagger has created a fashionable space without sacrificing practicality

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A hedge fund manager's aid mission

Bond chief quits Towers Watson

MFS gains loyal following

Stormy weather ahead for banks

UK Government venture funds hit by slump

Breaking up need not be so hard to do

Funds industry gathers for awards