Collins Stewart has acquired Guernsey and Geneva-based discretionary investment manager Corazon Capital Group.

European finance ministers have delayed a vote on controversial new regulations on hedge funds and private equity investments after failing to reach an agreement on proposed reforms.

RBS could buy back £10bn of debt in an attempt to boost its capital strength and its standing with bond investors.

Mike Riddell has been named as the new lead manager on three M&G retail fixed income funds, replacing Jim Leaviss.

Old Mutual is believed the ‘major investor' backing the consortium on the brink of taking over troubled Premier League club Portsmouth.

Warren Buffett received a $100,000 salary as Berkshire Hathaway chairman for the 29th straight year in 2009, but paid back the company $50,000 to cover stamps and phone calls.

Threadneedle is considering an expansion of its absolute return range in the coming months, with the possible launch of a long/short fund focused on US equities.

Retail investors return to dwindling sector after seven years of redeeming assets

Argonaut Capital is set to roll out its European Enhanced Income fund, the UK market's first onshore fund utilising a covered-call strategy on overseas equities.

Invesco is continuing to see signs of improvement in its troubled Property Income trust, with the vehicle's loan-to-value ratio falling from 96.1% to 93.5% over the final quarter of 2009.