Hexam Capital has just celebrated the three year anniversary of its Global Emerging Markets and Emerging Europe funds, with both strategies considerably outperforming their respective peer groups over the period.

Sanjeev Shah has continued to build on the strong performance of predecessor Anthony Bolton in his first full year in charge of the Fidelity Special Values trust, recouping most of the declines incurred since the onset of the credit crisis.

Inflation in the UK may rise 'sharply' over the next few months but is likely to fall back again in the medium-term, according to Bank of England governor Mervyn King.

Standard & Poor's Fund Services has assigned a new A rating to three Legal & General multi-manager funds.

European markets have climbed steadily this morning with the FTSE 100 up 1.2% and the FTSE Eurofirst 1.1% higher.

Robin Geffen's Neptune added more shares in Cadbury yesterday after labeling the latest Kraft approach as derisory.

The Employees Retirement System of the City of New Orleans (NOERS) has sued Warren Buffett's Berkshire Hathaway and Burlington Northern Santa Fe (BNSF) alleging Berkshire's planned acquisition of BNSF discriminated other investors.

Schroders has posted a £3.7bn net retail inflow in the third quarter of the year, as the asset manager's strong 2009 continues.

Jubilee Financial Products has cancelled the Early Redemption Plan Issue 4 after it failed to meet with new FSA guidelines.

GLG Partners will close the standard share class on its UK Select fund after reaching its £150m AUM capacity.