Former Neptune India and Asia Pacific Opportunities manager Shelley Kuhn has returned to the boutique to run a new African equity fund.
Fidelity International is launching a new UK equity fund which aims to never fall more than 20% from its highest ever NAV.
Warren Buffett's Berkshire Hathaway has emerged as a possible bidder for the Royal Bank of Scotland's Direct Line insurance business.
The yen is higher against major currencies today despite the Japanese Government unveiling a ¥920bn stimulus package and the BoJ extending an additional ¥10trn of lending to banks.
French insurance giant Axa, which was the largest shareholder in Goldman Sachs, has almost halved its stake in the investment bank.
The UK's top fund managers have paid tribute to the influence and lessons of Warren Buffett on ‘The Sage of Omaha's' 80th birthday.
Castlestone Management is launching a global emerging markets fund investing in the ‘Next 11' developing countries of increasing importance outside the established Bric states.
Bearish Société Générale strategist Albert Edwards has warned equities face a "bloodbath" and predicts government bond yields will fall even further.
Threadneedle recorded its strongest quarter for net retail inflows in five years in Q2, with its US equity franchise seeing strong demand.
Cazenove has criticised the IMA for not bringing "vital clarity" for investors after the trade body decided against making changes to its Absolute Return sector for at least another 12 months.