Anthony Bolton intends to subscribe for 2.5 million shares priced at £1 each in his new China Special Situations investment trust.

Axa has unveiled its new Tailored Selection guided architecture range of 121 funds, selected by its multi-manager arm Architas.

M&G posted net retail sales of £5.6bn for the whole of 2009, putting it way ahead of second placed Invesco Perpetual on £3.62bn, according to Lipper.

Millions of Americans will now own a little of piece of Warren Buffett's Berkshire Hathaway after the company listed on the S&P 500 after trading closed on Wall Street last week.

Japan's economy grew by a better than expected 1.1% in the final quarter of last year, although it contracted by over 5% during the whole of 2009.

The FTSE is up 0.71% to 5,198.05 in early trading as it tries to shake off a wobbly performance yesterday as uncertainty about the Greek bail-out plan weighed on European markets.

Fidelity's Anthony Bolton on taking his contrarian approach to the Chinese market.

The FTSE slumped 1.14% to 5080.80 in early trading as it continues to be battered by global concerns over the economy and debt issues in Greece and Portugal.

Paul Jourdan, renowned smaller companies manager, has completed the MBO of Noble Fund Managers with colleague Douglas Lawson.

Fidelity has confirmed Anthony Bolton's China Special Situations fund will be an investment trust.