Schroders' Richard Buxton remains bullish on British Airways despite losses caused by the volcanic ash crisis and plans to increase exposure to the airline on further weakness.

Britain is likely to see an export-led economic recovery going into 2011, but the economy will continue to suffer for the rest of this year, according to the spring forecast from the Ernst & Young ITEM Club.

Lawyers in the United States were predicting a wave of legal action last night in the wake of the $1bn fraud charge brought against Goldman Sachs by the US Securities and Exchange Commission.

Artemis' William Littlewood has introduced a Japanese equity position into his Strategic Assets fund for the first time as the portfolio reaches £500m of assets in under a year since launch.

Barclays Wealth has added multi-currency hedged share classes across its entire Dublin-domiciled GlobalAccess fund range.

Schroders plans to launch an Asian version of its top-performing Income Maximiser fund.

Emerging markets guru Mark Mobius says he continues to be bullish on the long-term prospects in Thailand despite the violence engulfing the country in recent weeks.

The value of Warren Buffett's options to buy Goldman Sachs shares fell by over $1bn after the SEC sued the investment banking giant on Friday.

Prime Minister Gordon Brown wants the FSA to probe Goldman Sachs after the SEC announced it was suing the company for sub-prime related fraud.

Jupiter's Philip Matthews is buying into domestically-focused UK companies on the belief they offer better relative value than many stocks geared to the emerging world.