Neptune's Chris Taylor has cut financials exposure in his Japan Opportunities fund by more than half in recent months on expectations bank earnings could be hampered by Government reforms.

Smith & Williamson has launched an Asia ex-Japan fund for manager Jane Andrews.

Eastern Europe has witnessed momentous changes since the fall of the Berlin Wall 20 years ago.

The fall of the Berlin Wall 20 years ago marked the end of the crude and utopian communist experiment that divided Europe for over four decades.

Barings' Robert Smith says its no surprise his German Growth fund has outperformed the majority of UK portfolios over the past year, as Europe's largest economy is in "far superior shape".

Royal Bank of Scotland has reported third quarter losses of £1.5bn following a near tripling of its bad debts write-offs.

The FSA has fined UBS £8m - the third largest fine it has ever imposed - for allowing four employees unauthorised access to at least 39 customers' accounts.

Lloyd George Management has launched a global emerging markets fund for former Invesco Perpetual veteran Kathryn Langridge.

Bill Mott has slashed the number of stocks in the PSigma Income fund from 120 to 70, as the manager gains conviction of where future growth lies.

Aviva today lifts withdrawal restrictions on its unit-linked UK Property fund.