PIMCO's co-CIO Bill Gross has hit out at US policymakers for introducing "devilish policy tools" to rebalance US debt, effectively "robbing savers."

BILL MOTT ON INFLATION

Fidelity's veteran manager Anthony Bolton has hit back at Aberdeen's head of equities Hugh Young, who says he is struggling to find quality, well-run companies on the Chinese mainland.

The Royal Bank of Scotland (RBS) is making its first foray into retail fund management with the launch of cautious managed and balanced managed portfolios.

Fidelity International is bringing a small-cap-focused UK Opportunities fund to the retail market on 10 February.

BOUTIQUE FOCUS

BP's three Russian billionaire partners have filed for an injunction in London to stop the British company jumping into bed with their Kremlin-backed rival Rosneft, the Telegraph reports.

The coalition government's emergency budget and harsh spending cuts risk driving the UK economy back into recession, warns veteran hedge fund manager George Soros.

For the year ahead I think everyone's desire would be for a fund manager to be able to state exactly what is going to happen over the next 12 months and exactly how they think their portfolio is positioned to benefit from that.

Russia is now in the same investment risk category as DR Congo, Sudan and Iraq, according to research from risk analysis firm Maplecroft.