The Fidelity South East Asia fund manager warns share prices and currencies are pricing in a crisis scenario despite solid fundamentals.

Fidelity manager prepares to add to corporate debt of winning companies with pricing power.

The FTSE 100 has closed down 1.3% bringing its total loss for the quarter to 13.7%, its worst performance for nine years.

BNY Mellon Asset Management's head of international distribution, Paul Feeney, is to leave the firm.

UK and European indices have opened 1% lower as markets look set to post bigger quarterly slumps than at the height of the Lehmans crisis.

Neil Woodford has helped initiate a boardroom overhaul at claims handler Helphire, ousting former Tory leader Michael Howard after the company posted a series of disappointing results.

Retail investors moved back into equities but exited absolute return funds in August as markets endured their worst month since 2009.

German MPs have voted in favour of increasing the country's commitments to the European Financial Stability Facility as part of an expansion of the bailout fund.

Schroders has promoted Rob Hall to head of multi-manager and handed him co-manager responsibilities on a trio of funds.

France, Italy and Spain have extended bans prohibiting the short-selling of selected financial stocks until at least mid-November.