Eurozone finance ministers have signed off a second bailout for Greece, paving the way for the first €130bn package this month that aims to finance the country until 2014.

Barings is overhauling its Latin America fund, reducing the number of holdings to focus on long-term positions.

Rupert Murdoch could be forced into selling his stake in BSkyB as it emerged Ofcom, the media regulator, is investigating whether News Corp is 'fit' to run the TV group.

Quantitative easing will not lift the UK out of its economic slump, as monetary stimulus in a financial downturn is ‘like stuffing cash into a black hole', said Eden's Leigh Himsworth.

Laurence Fink, chief executive officer and co-founder of BlackRock, said global economies and markets are in a 'perfect storm' but warned investors against sheltering in cash.

The £ Corporate Bond sector topped the IMA's best-seller list last month with net retail sales of £303m, the highest level seen since August 2010.

HSBC's annual profits rose 15% to $21.9bn (£13.8bn) before tax, fuelled by increasing revenues from its emerging markets customer base.

Finance ministers from the G20 have told eurozone leaders they need to boost their own contributions to beleaguered countries before any more cash from the International Monetary Fund (IMF) is granted.

Jenny Cosgrave talks to a trio of wealth managers about their outlook for the commodities sector and finds out which strategies stand out from the crowd.

Aberdeen Asset Management has renamed its £24bn alternative investment offering, which includes its multi-manager range, to better reflect strategies within the business.